Banca Transilvania complements with EUR 190 million its capital raising program to finance the economy by issuing bonds, thus reaching almost EUR 1 billion, published at the Bucharest Stock Exchange
Source: https://m.bvb.ro
The bank is therefore fulfilling its commitment to shareholders, who approved the BT’s corporate bonds issuance program at the 2022 General Meeting of Shareholders.
“We are complementing our bonds issuance program with this new round, because we want to strengthen our eligible liability instrument base and balance sheet structure, as we have attracted the attention of major and new investors to our market at an attractive price that optimizes our average program yield. We are satisfied with how the program has gone and we are optimistic about the future”, states Ӧmer Tetik, CEO, Banca Transilvania.
Similar to the debut issue, these bonds are listed on the Euronext Dublin Stock Exchange with ISIN code XS2669771664.
BT bonds issuances:
• BT’s debut bonds issue was launched in April 2023 when it attracted EUR 500 million from investors, in an issue that was oversubscribed in just a few hours, with investors placing orders amouting to more than EUR 850 million. This marked Banca Transilvania’s debut on the international markets.
• BT supplemented its international bonds issue by EUR 100 million in June 2023, following the high interest from institutional investors in the first bonds issue.
The diplomatic daily newspaper Nine O’Clock does not assume responsibility for the information received and published on the public website. The responsibility for the content lies solely with the issuer of the press release.
The diplomatic daily newspaper Nine O’Clock cannot be held accountable for false information transmitted by the recipients of the press releases/announcements.
The diplomatic daily newspaper Nine O’Clock reserves the right not to publish press releases that contain inappropriate expressions or accusations and violations of the rights of other individuals, guaranteed by the Constitution of Romania.
The content of the website www.nineoclock.ro is intended for public information. Copying, reproduction, recompilation, modification, as well as any form of content exploitation from this website are prohibited. The use of the Comments section signifies your agreement to abide by the terms and conditions regarding the publication of comments on www.nineoclock.ro.
