Filip & Company has advised Banca Transilvania on its second bond issue under a program launched in April, which attracted EUR 200 million from the international markets.
According to Filip & Company, “the investment will be dedicated exclusively to the financing of Banca Transilvania’s lending operations, with 90% dedicated to the financing of green mortgage loans. The second issue under the program consists of EUR 200 million subordinated bonds with a ten-year maturity, admitted to trading on the BVB. The issue was coordinated by BT Capital Partners as manager.”
Earlier this year, Filip & Company advised on Banca Transilvania’s EUR 500 million bond issuance (as reported by CEE Legal Matters on May 3, 2023).
The Filip & Company team included Partners Alina Stancu Birsan, Alexandru Birsan, and Olga Nita and Associate Anca Badescu.
Filip & Company did not respond to our inquiry on the matter.