Bucharest Stock Exchange (BVB) informs Banca Transilvania issued its first bonds issue, which was admitted to trading on the Spot Regulated Market of BVB. The bonds can be traded on BVB starting from July 6th.

The characteristics of this bonds issue are presented in the table below:

ISIN

Maturity date

Maturity (years)

Nomnial value (EUR)

Total value (EUR)

Yearly interest rate (%)

ROTLVADBC023

June 28, 2028

10

100,000

285,000,000

EURIBOR 6M + 3.75%

Banca Transilvania ranks second amongst Romanian banks, in terms of assets. The bank's history began in Cluj-Napoca in 1994. The company originally focused its activity on the SME sector and, due to market demand, after a short while it also turned its attention to retail. In 1997, Banca Transilvania became the first banking institution in Romania to be listed on Bucharest Stock Exchange. The bank's strategy is supported by strong shareholders, such as: the European Bank for Reconstruction and Development and IFC - the investment arm of the World Bank.

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Bucharest Stock Exchange published this content on 05 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 July 2018 13:48:01 UTC