UniCredit Bank announces the successful completion of a new issue of corporate bonds in lei (senior, unsecured) with a maturity of 5 years and a fixed annual coupon of 7.67%. Through the offer carried out on November 19, 2024 and addressed exclusively to qualified investors, the bank took 750 million lei, an amount significantly higher than the initial target amount of 550 million lei. For UniCredit Bank, it is the largest bond issue completed on the local market. Mihaela Lupu, CEO of UniCredit Bank: “We are delighted with the success of this issue, which reflects the great confidence that investors have in the financial soundness and long-term development strategy of UniCredit Bank. It is the third consecutive year that we have successfully completed a bond issue on the Romanian capital market, thus proving once again our firm commitment to contribute to the development of the capital market in Romania and to become a constant presence as an issuer. The amount issued allows us to continue offering innovative financing solutions to our customers.” The issue is to be listed on the Bucharest Stock Exchange in the next period and, together with the other two issues completed in 2022 and 2023, contributes to the fulfillment of our plan to diversify our funding sources and, at the same time, facilitates access to financing for the bank’s clients. The intermediary of this bond issue was Alpha Bank Romania, and the Clifford Chance Badea law firm provided the legal consultancy.
Janiva Magness, the winner of seven Blues Music Awards following 26 nominations, and nominated for a Grammy for a career spanning 17 albums, is set to perform at the 14th edition of the Brașov Jazz & Blues Festival, which will take place between August 14–16, 2026. Magness is one of the most valuable and influential […]
Auction house Artmark announced a major auction for this winter featuring an engraving created by Francisco Goya, the most important Spanish artist of the late 18th and early 19th centuries. Romania's late communist leader Nicolae Ceaușescu received this gift from King Juan Carlos I as a gesture of diplomacy. The engraving entitled “The Engagement – Capricho […]
Authorities managing Romania's Bicaz Gorges–Hășmaș National Park has built a fish ladder system on the Bicaz River, which will allow protected species to migrate and reproduce. There are several bridges and small bridge structures in the Bicaz River that have a “bottom sill,” meaning small waterfalls. Fish that do not jump like the trout cannot […]
The far-right opposition parties in the Romanian Parliament are set to file a motion of no confidence against the government headed by prime minister Ilie Bolojan. The motion, authored by senator Ninel Peia of the Peace – Romania First group, is specifically aimed at the reformist party Save Romania Union (USR), and is entitled “Romania […]
Romania's iconic rock singer Adrian Pleșca, known as “Artan,” died on Tuesday, December 2, after a fatal stroke, at the age of 64. The artist founded the well-known band “Timpuri Noi” in 1982 and “Partizan” in 2001, and was popular on the Romanian rock scene. Over the years, he left and returned to the two bands. Several […]
Elon Musk's mother, Maye Musk, re-shared a post about the Craiova Christmas Market on X on Monday, December 1. She described the event as "beautiful" and included three emojis in her caption. The original post highlighted that the Craiova Christmas Market was taking place in a safe environment. "No concrete barriers. No armed guards. No […]
