Banca Transilvania has raised EUR500 million from international markets through a bond issuance that generated an order book of nearly EUR2 billion, at a spread of 0.45 percentage points above the yield of Eurobonds with similar maturity issued by the Romanian state.According to a release from the bank, the subordinated bonds were issued with a yield of 6.216% and a fixed annual coupon of 6.122%; they mature in 2037 and are callable starting in 2032.The issuance is listed on the Dublin Stock Exchange (Euronext Dublin).This marks the bank's first subordinated bond issuance on international financial markets, contributing to the objective of diversifying and optimizing its base of own funds and eligible liabilities.Over 100 institutional investors from 30 countries participated in the transaction; the majority were from Europe, accounting for 44% of demand, alongside investors from the United Kingdom, the United States, and Asia. Demand was driven primarily by "real-money" investors, including investment funds, pension funds, sovereign wealth funds, and insurance companies, as well as commercial banks, private banks, and supranational institutions. "Capital is the fuel for economic growth. Through this bond issuance, we are strengthening our capacity to finance Romania's future projects, companies, and the population, while maintaining solid capital ratios and a prudent financial profile," stated Omer Tetik, CEO of Banca Transilvania, in the cited document.The bond sale was coordinated by investment banks Goldman Sachs Bank Europe SE, ING Bank N.V., J.P. Morgan SE, Citigroup Global Markets Europe AG, and BT Capital Partners.Since the beginning of 2023, Banca Transilvania has launched eight bond issues, raising approximately EUR4.5 billion from capital markets; this has consolidated its position as the leading banking issuer in Romania and one of the most active financial issuers in Central and Eastern Europe, according to the bank's release.
Lumina Park, the international concept of outdoor light trails, opens for the first time in Romania on 16 October, at the "Dimitrie Brandza" Botanical Garden of the University of Bucharest. The first local edition, "Around the World", transforms the garden after nightfall into an exploration experience for all ages, built from light, music, set design […]
Romanian Prime Minister Ilie Bolojan attended the statutory summit of the European People’s Party (EPP), held in Brussels on Thursday, October 15, 2026. Discussions with Manfred Weber, President of the EPP, European Commission President Ursula von der Leyen and other European leaders focused on the situation in Romania, European priorities,......
Romania Connect, the business platform dedicated to companies, entrepreneurs, and institutional partners from Romania and Austria, is launching in Romania. After launching in Vienna on March 23, 2026, the platform has built its structure and institutional partnerships. It now offers the business community in both countries a clear framework where...
Romania and Italy Coordinate Position on Future EU Budget at Cohesion Group Meeting BRUSSELS — Romanian President Nicușor Dan and Italian Prime Minister Giorgia Meloni co-chaired a meeting of the Friends of Cohesion group on Thursday, October 15, ahead of the European Council meeting in Brussels, seeking to strengthen coordination......
Lavinia Braniște’s novel Camping has been shortlisted for this year’s Médicis Prize/ Prix Médicis, one of France’s top literary awards, in the Foreign Fiction category. The novel has been translated into French by Sylvain Audet-Găinar and was published by Éditions des Syrtes. Other Romanian writers previously shortlisted for the prize include Norman Manea, who won […]
Romanian President Nicușor Dan held a meeting with Bulgarian Prime Minister Rumen Radev, highlighting the importance of dialogue between the two neighbouring countries amid evolving regional and European challenges. The meeting, documented by Romania’s Presidential Administration, comes against the backdrop of close Romanian-Bulgarian cooperation within the European Union and NATO,......
