A bond issue is a kind of loan structured in the form of bonds issued by the borrower.
Public debt and its due repayment contribute to forming a positive credit history of the issuer and an image of a conscientious borrower, expanding the issuer's business relations, increasing its informational transparency and positioning of the brand on the market.
The procedure of issuance and distribution of bonds is a sophisticated process comprising corporate decision-making by the issuer and the providers of security for the issue, preparation and registration of issue documents with the state body, book building and underwriting.