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Banca Transilvania supplements the international issuance of eligible MREL bonds with 100 million euros

PRESS RELEASE
12 June 2023
READING TIME: 1 MINUTE
Banca Transilvania supplements the international issuance of eligible MREL bonds with 100 million euros

As a result of the high interest from institutional investors in the bond issuance of Banca Transilvania from April this year, which shows confidence in BT, the bank supplements the bond issuance, thus increasing the visibility of the Banca Transilvania Group internationally.

The show is supplemented with 100 million euros, and the bonds are MREL eligible.

Similar to the debut issue, the new bonds are listed on the Euronext Dublin Stock Exchange. The temporary ISIN code of the bonds is XS2631416448, following which it will be replaced with the original listing code, ISIN XS2616733981, starting from July 22 of this year.

Bonds are eligible for the minimum requirement of own funds and eligible liabilities (MREL), contributing – according to European banking standards – to the permanent assurance of an optimal level of funds, distinct from customer deposits which are guaranteed by the Deposit Guarantee Fund.

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