Lion Capital bought 55 million bonds each priced at €1, while the whole bond offering was successfully closed at €100 million. Electromagnetica bought 17 million bonds, while Longshield acquired 15 million bonds, according to statements submitted to the BVB. Other investment funds were also buyers in the offering, according to media reports.
The bonds, which are not intended for public trading, are secured by a first-ranking mortgage on Mall Moldova and associated properties, as well as by two blank promissory notes. The funds raised will be used to finance the issuer's group of companies, supporting both ongoing operations and future investments.
With a retail space of approximately 125,000 sqm, Mall Moldova features over 250 stores, the largest cinema in Eastern Romania, and an entertainment area spanning over 10,000 sqm.
Mall Moldova is the largest retail project to be delivered this year, and its completion positioned Iași as the second-largest regional city in terms of modern retail stock.
