Oferta de obligațiuni a municipiului Alba Iulia, suprasubscrisă: ordine de peste 77 milioane de euro la o emisiune de 30 milioane
The municipal bond offering by Alba Iulia attracted over 77 million euros in subscriptions for a target of 30 million euros, indicating strong investor confidence. The final interest margin was set at 2.50% above the six-month EURIBOR. Approximately 62% of the funds will refinance existing debts, while the remainder will co-finance major projects, including a southern bypass and an underground passage. Fitch Ratings assigned a long-term credit rating of "BBB-" to Alba Iulia, reflecting its financial credibility. This bond issuance marks the municipality's seventh, with a maturity of 10 years and variable interest rates.