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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

 

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Software provider Life is hard to list bonds at Bucharest Exchange

The bonds of the Romanian software solution provider Life is Hard (BVB: LIH25), worth RON 4.5 mln at face value, will start trading on the Multilateral System on February 16, the Bucharest Stock Exchange (BVB) announced.

The company is to list 45,101 corporate bonds, convertible, unsecured, with a face value of RON 100 and a coupon of 8%.

The bonds mature in December 2025 and were offered in two stages, between October 25, 2021 - November 23, 2021(to shareholders) and between December 6, 2021 - December 17, 2021 (for other investors).

The funds raised through the bond issue will finance the company's development projects.

Life is Hard has been listed on BVB's AeRO market since December 2015.

The company has a market capitalization of RON 65 mln (EUR 13 mln) and is 32.8% controlled by Ioan-Cătălin Chiş and 31.1% by Active Power Solutions, while Florentina Sbîrnea owns 10.25%.

Since the beginning of the year, LIH shares have dropped by 4.09%.

(Photo: George Calin/ Inquam Photos)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

 

The Capital Markets News section is powered by the Bucharest Stock Exchange 

 

BSE

 

 

Software provider Life is hard to list bonds at Bucharest Exchange

The bonds of the Romanian software solution provider Life is Hard (BVB: LIH25), worth RON 4.5 mln at face value, will start trading on the Multilateral System on February 16, the Bucharest Stock Exchange (BVB) announced.

The company is to list 45,101 corporate bonds, convertible, unsecured, with a face value of RON 100 and a coupon of 8%.

The bonds mature in December 2025 and were offered in two stages, between October 25, 2021 - November 23, 2021(to shareholders) and between December 6, 2021 - December 17, 2021 (for other investors).

The funds raised through the bond issue will finance the company's development projects.

Life is Hard has been listed on BVB's AeRO market since December 2015.

The company has a market capitalization of RON 65 mln (EUR 13 mln) and is 32.8% controlled by Ioan-Cătălin Chiş and 31.1% by Active Power Solutions, while Florentina Sbîrnea owns 10.25%.

Since the beginning of the year, LIH shares have dropped by 4.09%.

(Photo: George Calin/ Inquam Photos)

andrei@romania-insider.com

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