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CMS Advises Libra Internet Bank on EUR 40 Million Bond Issuance

CMS Advises Libra Internet Bank on EUR 40 Million Bond Issuance

Romania
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CMS has advised Libra Internet Bank on a EUR 40 million bond issuance.

The private placement was carried out by global coordinator and manager Raiffeisen Bank and manager Alpha Bank Romania, with the listing of the bonds on the Bucharest Stock Exchange done with the support of Alpha Bank Romania. 

According to CMS, “the bonds have a nominal value of EUR 100,000, with a seven-year maturity, on September 28, 2028, and a fixed coupon rate of 4.25% per year. The bonds are listed on the Bucharest Stock Exchange from December 3, 2021.”

CMS’s team included Senior Associates Adina Nanescu, Claudia Popescu, Elena Andrei, Valentina Parvu, Associates Catalin Vasile, Mircea Ciuta, and Lawyers Tudor Naftica, Diana Rotaru, Loredana Barbu, Anna Morogai, Tatiana Casapciuc, and Alexandru Dumitrescu.

CMS did not reply to our inquiry on the matter.

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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