Omro lists bonds worth 12.3 million lei on BVB Multilateral Trading System

 Omro, the lending company of the fintech Filbo, together with Filbo Pay and EasyBill, listed, on Tuesday, on the Multilateral Trading System of the Bucharest Stock Exchange (BVB), the fourth issue of corporate bonds, unsecured and subordinated, worth 12.3 million lei (2.4 million euros), maturing in 2032, according to a press release."The listing of the fourth bond issue represents a reconfirmation of investors' trust in our vision and in the strength of Romanian entrepreneurs. We continue to build a financial and technological ecosystem that offers not only access to capital, but also smart tools for growth and sustainability. In a challenging economic context, we remain faithful to our mission: to be the trusted partner of entrepreneurs in Romania, supporting their ideas with modern, efficient and 100% digital solutions. This new issue is more than financing - it is a step forward towards a stronger, more agile and more connected entrepreneurial economy. Through these recurring issues, Omro demonstrates a sustainable financing strategy, consolidating its role as a relevant actor on the Romanian capital market", stated Omro's CEO, Georgiana Andrei.The new financing round reinforces the fintech's strategy to support digitalization and easy access to capital for local entrepreneurs.OMRO32 bonds have a nominal value of 100 lei per bond and offer investors a variable annual interest rate, calculated as the sum of the Reference Interest Rate (the monetary policy rate set by the National Bank of Romania - BNR) and a fixed spread of 5.5%.The company's first bond issue, with the stock symbol OMRO25E and a total value of 2 million euros, was listed in 2020 and matured this year. The second issue, identifiable under the symbol OMRO26, amounts to 10 million lei and matures in 2027, while the OMRO29E bonds, worth 1.56 million euros, were listed this year and mature in 2029. In total, bonds worth 8 million euros have been issued, starting with 2020 and until now."More and more Romanian companies are turning to the mechanisms of the capital market with confidence and with recurrence to obtain financing and implement their expansion plans. We are pleased that OMRO returns with the fourth bond issue on the stock exchange's Multilateral Trading System and the second this year. Through the company's activity, namely facilitating the microcrediting process for small entrepreneurs, OMRO supports the development of the local economy by diversifying microfinancing options and, at the same time, contributes to the evolution of the capital market in Romania", stated the General Director of BVB, Remus Vulpescu.The admission to trading for the current OMRO bond issue was brokered by SSIF BRK Financial Group, as an authorized consultant. Within the public offering addressed exclusively to qualified investors, 4 professional clients of BRK Financial Group subscribed."We are honored to be with OMRO for the fourth time at an essential stage of development and to broker a transaction structured in an atypical way, adapted to the current market requirements. In a context in which financing is becoming increasingly difficult for entrepreneurial companies, the success of this private placement, worth over 10 million lei, clearly reflects the high interest of investors for instruments that offer an attractive yield. The structure of the bonds - with a maturity of 7 years, variable interest linked to the BNR rate and a margin of 5.5%, plus progressive discounts - was decisive in attracting the necessary capital and reconfirms the market appetite for innovative financing solutions", mentioned the CEO of BRK Financial Group, Monica Ivan.In 2024, the National Bank of Romania issued the E-money license for the fintech Filbo Pay, being the fourth E-money license ever issued by the BNR and the first issued in the last 6 years.A year later after obtaining this license, the current account service was launched, strengthening the direction of the Filbo fintech to offer entrepreneurs 100% digital and integrated financial solutions.Currently, Filbo group clients can open their current accounts directly from the mobile application, available on Google Play and App Store, thus having quick and simplified access to modern financial services, adapted to the real needs of small businesses. According to the memorandum, Omro, which brings microcredit services for Romanian entrepreneurs to the 100% digital Filbo platform, attracted significant financing last year, worth approximately 10 million euros, thus strengthening its relationship with Banca Transilvania, BNP Paribas, First Bank and CEC Bank, to support the continuous growth of the business. At the end of 2024, the value of Omro's loan portfolio was approximately 80 million lei, 5 times more than in 2019.Omro aims to increase the volume of loans granted by over 30% in 2025. The growth will be supported by all channels: digital, partnerships and sales through consultants, the main objectives of the institution being to support microfinance for businesses in Romania and the sustained growth of the company.Omro, part of the Filbo fintech, comes with over 30 years of experience in financing entrepreneurs, being one of the first microfinance institutions in Romania and offering the most modern IT infrastructure for microcrediting.