Banca Comerciala Romana (BCR), one of the most important financial groups in Romania, lists on Friday, April 8, on Bucharest Stock Exchange’s Main Market a new issue of corporate bonds, worth RON 351.5mn, under the stock ticker BCR27. It is BCR’s first bond issue on BVB’s market this year, while the total value of BCR bonds available for trading amounts to RON 3bn. ‘BCR has used intensively, in the recent years, the capital market for financing, being an essential partner for Bucharest Stock Exchange in promoting the available resources on the capital market for companies. Moreover, the BCR team is one of the innovators in the capital market, listing last year a green bond issue. We are glad that BCR continues to include the capital market in its financing strategy and that we will have, starting with April 8, a new issue of BCR corporate bonds on the Main Market’, said Adrian Tanase, Bucharest Stock Exchange CEO. ‘The BCR team reached a new record, by issuing bond issues worth RON 3bn, this fact being another proof that the Romanian capital market is a strong one, even in a difficult and volatile international context. Investors are looking for predictability and the Bucharest Stock Exchange is an example in the region, which shows the sustainability of the Romanian economy’, said Sergiu Manea, BCR CEO. BCR issued and sold 703 corporate bonds with a nominal value of RON 500,000 and with a maturity date on March 31, 2027. The interest rate is fixed, 6.76% p.a. This is BCR’s sixth issue listed on the Main Market. The first one already reached maturity. The second bond issue, worth RON 600mn, is available for trading starting with December 2019 under the stock ticker BCR26. Last year BCR listed three bond issues, one of which was of green bonds, BCR28, BCR28A and BCR28B.
The Education Ministry has established a partnership with the National Audiovisual Council (CNA) to draft a guide on combating illegal content online, part of a series of measures aimed at tackling pseudoscience and manipulation, the institution announced. The guide is meant to be shared with and discussed in schools and universities in the country. "We […]
Soprano Angela Gheorghiu, one of the brightest stars of the international opera scene, is celebrating 35 years of excellence in music with a grand anniversary concert on September 7 at Arenele Romane in Bucharest. Tickets have been put up for sale online. The concert will feature an exceptional lineup of performers, including tenor Jonathan Tetelman, […]
Despite a climate of economic and political uncertainty, Romania's land market remained stable in 2024, with transaction volumes reaching nearly EUR 450 million, a figure close to 2023's total. Colliers' annual report reveals that Bucharest and its metropolitan area continued to dominate, accounting for 80% of total transactions, while residential projects made up 70% of […]
February has been an active month for Romania's fiscal and economic landscape, with significant announcements and regulatory updates that businesses, particularly those in public affairs and legal departments, should closely follow. IMF and World Bank: Stability, Not Austerity Finance Minister Tánczos Barna provided reassuring news following meetings with IMF and World Bank representatives. Contrary to […]
Rural buyers fuel growth through progressive adoption Over 60% of customers have more than 5 years of experience in online shopping Beauty, Fashion, Footwear, Pharma, and Electronics are the most popular categories €857 is the average annual spending of an online customer MerchantPro launches...
The 20th edition of the Bucharest Pride march is scheduled for June 7, organizer Accept announced. The march, where organizers expect some 30,000 participants, is part of a series of events taking place throughout June, including debates, exhibitions, film screenings, parties, and workshops. The march will follow its established route: Calea Victoriei – Parcul Izvor, […]
