Vivre Deco has raised capital through a bond private placement

March 2020 — Vivre Deco has raised US$3.8 million through a private bond placement, with a five years maturity (due in 2025) and a fixed coupon of 5.25% paid quarterly.

Vivre Deco is the leading online retailer of furniture and home & deco products in the Romanian market. It is also present in Bulgaria, Hungary, Poland, Croatia, Slovakia, Slovenia, Czech Republic and Greece. The company has over 100,000 SKUs and 1.4 million different products available. Vivre Deco works with suppliers from all over the world, who upload their products directly to Vivre's dedicated suppliers platform, are then checked and listed on the website by Vivre.

Our role in the transaction

Oaklins’ team in Romania acted as private debt advisor and authorized consultant for the bond issuance, assisting Vivre's shareholders all the way, from the start to the successful completion and listing of the financial instrument on the Bucharest Stock Exchange. During this process, the team initiated and advised on many aspects, including securing pre-commitments from cornerstone investors, deal structuring, and the bond pricing and sizing.