Bucharest Stock Exchange (BVB) informs that on Wednesday, February 16, will start trading the bonds issued by Life is Hard worth RON 4.5mn. The bonds will be traded on the Multilateral Trading System under the ticker LIH25. The funds will sustain the development plans of the company. Life is Hard (LIH) is an AeRO listed company since December 8, 2015.
Life is Hard is listing 45,101 convertible and unsecured corporate bonds with a nominal value of RON 100, a coupon of 8% p.a. and with a maturity date on December 23, 2025. The bonds were offered in two stages, the first one addressed to the issuer's shareholders, held between October 25, 2021 - November 23, 2021, and the second one, the private placement stage, held between December 6, 2021 - December 17, 2021. The capital market operations related to the bond issue and the LIH25 listing were made with the support of BRK Financial Group.
More information on the bonds issue is available here.