Approval of the Prospectus for the Primary Public Offer of Bonds Issued by the Municipality of Siresti

REPUBLIC OF MOLDOVA
NATIONAL FINANCIAL MARKET COMMISSION

DECISION

26 August 2025
No. 41/4

On the approval of the prospectus for the primary public offer of bonds issued by the Municipality of Siresti

Following the examination of the application submitted by the Municipality of Siresti (registered with the National Financial Market Commission (CNPF) under No. 6086 dated 13.08.2025),

pursuant to Articles 14 and 15 of Law No. 171/2012 on the capital market, Article 8 letter k), Article 20 paragraph (1), and Article 22 paragraph (3) of Law No. 192/1998 on the National Financial Market Commission, Instruction No. 13/1/2018 on the stages, deadlines, method, and procedures for the registration of securities, points 16 and 21 of the Regulation on the organization and functioning of the National Financial Market Commission (CNPF Decision No. 57/11/2022),

the National Financial Market Commission DECIDES:

1. The prospectus for the primary public offer of bonds issued by the Municipality of Siresti (IDNO 1008601000525, MD-3731, Strășeni district, Siresti village, Mihai Eminescu Street 3) is approved with the following characteristics:
   1.1. Class I bonds: nominative, dematerialized, non-convertible, guaranteed by the revenues of the administrative-territorial unit, with a circulation term of 2 years, issue volume of 1,500,000 MDL, in the amount of 1,500 units, with a nominal value of 1,000 MDL per bond, with a fixed interest rate of 8.75% per annum, with ISIN code MD2004000068;
   1.2. Class II bonds: nominative, dematerialized, non-convertible, guaranteed by the revenues of the administrative-territorial unit, with a circulation term of 3 years, issue volume of 1,500,000 MDL, in the amount of 1,500 units, with a nominal value of 1,000 MDL per bond, with a fixed interest rate of 9.00% per annum, with ISIN code MD2004000076;
2. The period for the primary public offer of bonds for each issue shall be 20 calendar days, starting no later than 5 working days from the date of approval of the Prospectus by the National Financial Market Commission, with the possibility of early closure at the decision of the Issuer, in the event that all offered bonds are fully subscribed.
   2.1. The subscription period is structured in two stages:

Stage I: subscription reserved for individuals - in the first two working days from the date of opening the offer, including that date, subscriptions to bonds issued in accordance with the Prospectus (Class I and Class II) are permitted exclusively to individual investors (residents and non-residents); Stage II: open subscription to all eligible investors - starting from the third working day from the date of opening the offer and until the date of closing the offer, in the event that all offered bonds are fully subscribed, subscriptions to bonds issued in accordance with the Prospectus (Class I and Class II) become accessible to all investors, including legal entities and institutional investors.
3. Allocation shall take place in accordance with the provisions of the prospectus for the primary public offer of bonds. The method of repayment of the bond loan and payment of interest is as provided in the prospectus for the primary public offer of bonds.
4. The responsibility for the data and information included in the prospectus for the primary public offer of bonds lies entirely with the bond issuer, and for the conduct of the offer – with the offer intermediary (BC "Victoriabank" SA).
5. The Issuer, within a period of no more than 5 working days from the date of closing the issues within the Public Offer, shall notify the CNPF regarding the results of the Public Offer.
6. Control over the execution of this Decision is assigned to the Capital Market Department.
7. This Decision may be contested by submitting a preliminary application to the CNPF (MD-2012, Chisinau city, Stefan cel Mare si Sfant Boulevard, No. 77), within a period of 30 days from the date of notification.
8. This Decision enters into force on the date of adoption, is communicated to the recipient in accordance with the legislation, is published in the Official Monitor of the Republic of Moldova, and on the official website of the CNPF (www.cnpf.md).

(signature)
Dumitru BUDIANSCHI,
PRESIDENT