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Limited companies to be able to issue bonds

11:06 | 18.05.2022 Category: Economic

Chisinau, May 18 / MOLDPRES /- Limited companies will be able to issue bonds in order to attract loans, both internally and externally. A draft law in this regard was examined and approved today by the economy, budget and finance committee.

The draft supplement to the Law on limited companies and the Law on capital market was set up by the government in collaboration with the business environment, financial market regulators and USAID. It sees that the issue of bonds will be decided by the decision of the general meeting of shareholders, and the issuance procedure will be carried out under the provisions of the company's statute.

According to the authors, the issuance of bonds by Ltd will become a relevant financial instrument on the securities market, encouraging competition, attracting new investments, boosting the development of the business environment.

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