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Monday, May 25, 2020 
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Elefant Online bonds issue will start trading on BVB s ATS on February 20th


Bucharest Stock Exchange (BVB) informs that, on Wednesday, February 20th, online retailer Elefant Online bonds issue, under the ticker ELEF21, will start trading on BVB’s Alternative Trading System.

The issue comprises 76,514 bonds, non-guaranteed, RON denominated, with a nominal value of RON 100, a maturity of 3 years, and a total value of RON 7.6mn. The yearly interest rate is fixed at 9%p.a., payable half-yearly.

The admision to trading was made by Tradeville as Authorized Advisor.

The company was founded in 2010 by Friborg Capital, followed by two other investment funds joining through capital increases - 3TS Capital Partners (in 2014) and Axxess Capital (2016).

Initially, elefant.ro focused on a single product category - the book, and in the coming years the company went through a major diversification of the offer. Currently, it is the second player in local online commerce by number of orders, being the market leader in the book segment and one of the big players in the cosmetics, perfume and toys markets.

Elefant has a national network of 20 delivery points, opened in the largest cities in the country, with which it creates a unique interaction experience with its customers beyond standard courier deliveries.