Banca Transilvania has raised funds
Banca Transilvania has initiated a Euro Medium Term Note (EMTN) programme, aiming to raise a total of €1 billion (US$1.06 billion).
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 manager of the issuance while Morgan Stanley acted as lead arranger.
Talk to the deal team
Related deals
Banco BPM Vita S.p.A. has launched a voluntary public tender offer for Anima Holding S.p.A.
Banco BPM Vita S.p.A. has initiated a voluntary public tender offer for the shares of Anima Holding S.p.A.
Learn moreStones Infra Projects has raised debt finance
This transaction marked a successful debt raise to fund Oleander Farms’ growth. Strategically located in Karjat between Mumbai and Pune, this five-star resort caters to luxury travelers, MICE (meetings, incentives, conferences and exhibitions), weddings and large-scale events. The rising demand for additional room inventory to host sizable gatherings, along with the scarcity of large-format resorts in the region, were key drivers behind raising capital to accelerate expansion.
Learn moreManolete Partners plc has completed a successful debt refinancing
Manolete Partners plc has signed a new revolving credit facility (RCF) with its existing provider, HSBC. The new RCF provides Manolete with the same level of facility as the previous arrangement, at US$22.6 million (£17.5 million), but with a reduced margin and lower non-utilization fee. The facility has a term of 3.25 years, with the option to extend for an additional year on the same terms.
Learn more