Banca Transilvania has attracted capital from investors in its first ESG bond issue
Banca Transilvania has attracted €500m (US$539m) through a bond issue on November 29, with investors placing orders amounting to over €1,650m (US$1,779m). 90% of the total issue was subscribed by international investors from 21 countries. 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 element.
Banca Transilvania is Romania’s largest bank in terms of assets, with a market share of approximately 20%, over 3.7 million customers and a network of more than 500 branches. It offers a wide range of banking products and services to individuals, businesses and corporations, including current and deposit accounts, credit and debit cards, loans, investment products, insurance products, payment and money transfer services, cash management services, trade finance services and treasury services.
Banca Transilvania is committed to supporting the Romanian economy and to helping its customers grow and succeed. It offers a variety of programs and services to support small and medium-sized enterprises (SMEs), including loans, advisory services, training programs and networking events. BT was the first bank in Romania to be listed on the Bucharest Stock Exchange (BSE) in 1997. It is one of two Romanian companies that helped Romania transition from frontier market to emerging market status. In 2020, BT was included in the FTSE Global Equities Index Series.
Oaklins’ team in Romania acted as co-manager of the issuance.
![](/api/deal-hero-image/109530/deal-hero-image.jpg)
![](/api/deal-party-images/109530/deal-parties.png)
Talk to the deal team
Related deals
Management and founders of Sansidor have successfully invested alongside IK Partners
IK Partners has signed an agreement to invest in Sansidor, a fast-growing testing, inspection and related services provider. IK is investing in the group alongside existing shareholders HC Partners, founders of Sansidor’s group companies and the current management team.
Learn moreTrue Securitizadora has been acquired by Opea
The private shareholders of True Securitizadora have sold the company to Opea Securitizadora. The acquisition is part of Opea’s strategy to expand its portfolio of services and products, and reinforce its operations in securitization.
Learn moreForeman Capital has raised financing for the acquisition of Rijcken Groep
Foreman Capital, a Netherlands-based private equity firm, has secured debt financing for the acquisition of international food wholesaler Rijcken Groep. The financing package, provided through a club deal by Rabobank and ING, is designed to support Rijcken Groep’s organic growth as well as its planned buy-and-build strategy.
Learn more