Banca Transilvania attracted EUR 500 million through a bonds issue on November 29, with investors placing orders amounting to over EUR 1,650 million. 90% of the total issue was subscribed by international investors from 21 countries. A total of 108 investors - investment funds, financial institutions, pension funds, commercial and central banks, as well as insurance and trading companies - subscribed to the offer.

The issue was oversubscribed in just a few hours, allowing the interest rate to fall from 7.75% at the start of the order placement to 7.25% at the end. It is the first bond issue with an ESG label, with a social component (minimum 50%) and a green component, and is listed on the Dublin Stock Exchange. The bonds are MREL eligible, contributing, according to the European standards, to an optimal level of MREL- eligible funds, separate from the customers’ deposits, which are guaranteed by the Bank Deposit Guarantee Fund.

The bonds issue was coordinated by arrangers JP Morgan SE, Citigroup Global Markets Europe AG, ING Bank N.V (which also acted as sole sustainability advisor) and BT Capital Partners acted as co-manager. The legal advisors were Filip&Company, Freshfields Bruckhaus Deringer LLP, Clifford Chance Badea and Clifford Chance LLP. Deloitte Audit SRL acted as financial auditor and KPMG Tax SRL was the tax advisor.

Emisiunile de obligațiuni BT din 2023:

• În cadrul emisiunii debut de obligațiuni, banca a atras 500 de milioane de euro de la investitori, aceștia plasând ordine de peste 850 de milioane de euro. A fost momentul în care banca a debutat pe piața internațională (aprilie).
• BT a suplimentat emisiunea internațională de obligațiuni cu 100 de milioane de euro, ca urmare a interesului ridicat din partea investitorilor instituționali cu privire la prima emisiune de obligațiuni (iunie).
• Banca Transilvania a primit 200 de milioane de euro de la IFC și Asian Infrastructure Investment Bank, parte a unui pachet de obligațiuni subordonate. Finanțarea este de tipul datorie subordonată și este listată la Bursa de Valori București (iulie).
• BT a completat cu 190 de milioane de euro programul de emisiuni de obligațiuni prin emiterea de obligațiuni, ajungând astfel la aproape 1 miliard de euro (august).