The first bond issue of the Polish company Aforti Holding started trading today, October 12, on the Multilateral Trading System (MTS) of the Bucharest Stock Exchange, under the stock market symbol AFH25. Aforti Holding is a company listed on the New Connect market of the Warsaw Stock Exchange since 2011, under the symbol AFH. The funds attracted through the bond issue, worth RON 2 mn, will finance Aforti’s activity in Romania. The bond issue is part of the company’s expansion strategy in Central and Eastern European countries.
„We believe it is the start of a broader cooperation between Aforti Group and the Romanian capital market. Aforti Holding is a non-banking financial institution in Poland. We offer a wide range of services for small and medium enterprises and private individuals. Romania is a special market for us, it’s a strategic market for us. We have been acting in Romania in the area of foreign exchange business. (…), said Mateusz Niemczyk, Vice-President of the management board Aforti Holding.
Aforti Holding sold in a private placement held in September 2020 a number of 20,000 unsecured, unsubordinated corporate bonds with a nominal value of RON 100. Aforti Holding attracted from 44 investors the total amount of RON 2mn (EUR 412,000). The bonds have the maturity date on September 4, 2025, and an annual interest rate of 10%, with a half-yearly payment. The private bond placement and listing were done with Goldring support. In the last four years, the Aforti Group has carried out bond issues and promissory notes in a total value of EUR 45 mn.