Estima Finance, a consumer credit institution, intends to launch a bond issue totaling five million dollars by the end of the year to finance its current activities and new projects.

Diana Todoran, the company's financial director, stated that this is the first credit institution that is launching a bonds issue. "The details of the issue will be presented soon. This is just one of our projects for the end of this year," stated Todoran. Estima's executive director, Mihnea Mocanu, stated that the institution will increase its nominal capital by four million dollars, to approximately nine million dollars.

source