Nusco raises EUR 5 M following first bond issuance on the BVB marked

Nusco, one of the most important and active players in the local real estate market, announces the successful completion of its first bond issuance and its listing on the Bucharest Stock Exchange (BVB).

Thus, Nusco recorded an oversubscription from the market – even in an uncertain economic context – and successfully closed the bond issuance launched at the end of last year. This means that investors in the BVB showed more interest than the company’s initial offer of 25,000,000 lei.

The strong investor interest exceeded the company’s expectations, quickly reaching and even surpassing the target value set for this first bond issuance. “We are very excited by the strong interest shown by investors in Nusco’s bonds. This success confirms the strength of our company and the confidence the capital market has in the projects we develop. We thank all those who subscribed and chose to be part of the Nusco community – the entire process validates our trust and provides us with even more motivation,” stated Michele Nusco, CEO of Nusco.

This achievement represents a significant milestone for Nusco and marks the expansion and development of the company’s partnerships with market investors. It is a strategic step towards strengthening Nusco’s presence in the capital market. “We are convinced that this first bond issuance on the BVB will open new development opportunities and will contribute to diversifying our high-quality relationships with our investors,” added Michele Nusco.

The issuance was intermediated by BRK Financial Group, a trusted partner in this transaction. “We are pleased with this success, especially given the challenging market conditions, but even more encouraging is the fact that we now have a new emblematic issuer in the real estate market on the capital market, a player with opportunities and ambitious plans for the local market. We support every entrepreneurial company in considering and exploring the possibilities of financing through the capital market, especially since there are funds in the PNRR to encourage companies to list on the stock exchange,” stated Laurențiu Irimia, Corporate Manager at BRK Financial Group.