Leova Town Hall to Issue Municipal Bonds Worth MDL 9 Million for Urban Development
Automatically translated summary. The full article is available in Romanian.
The issue will have three classes of bonds, with maturities of 2, 3 and 4 years. Adrian Lupușor welcomed Leova into the club of municipal bond issuers, describing the bonds as an instrument complementary to grants and bank credit, and promised support throughout the process. Mayor Alexandru Bujorean said the partnership strengthens the town hall's capacity to implement projects with modern financial instruments. Victoriabank's Vitalie Corniciuc described the issue as an investment in quality of life and better urban spaces.
The steps needed to prepare and launch the issue will follow in line with capital market and municipal bond legislation. Other local authorities supported by Expert-Grup are Chișinău (2022), Ceadîr-Lunga (2021 and 2024), Sîngera (2021), Sireți (2025) and Costești (2025). In 2026 Ungheni is to hold its first issue, and Ceadîr-Lunga is to launch its third.
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