Raiffeisen Bank lists new issue of sustainable bonds worth 369 million RON on the Bucharest Stock Exchange

Raiffeisen Bank is listing its third issue of sustainable bonds, worth 369 million RON, on the Main Market of the Bucharest Stock Exchange. The bonds to be traded under the RBRO27C ticker symbol account for the first issue of bonds listed by Raiffeisen on the Bucharest Stock Exchange this year and the seventh issue of exchange-tradeable bonds, totalling 3.7 billion RON.

The sustainable, non-referential, unsecured, senior bonds which are eligible for the minimum requirement for own funds and eligible liabilities, denominated in RON, start trading today, 28 February, have a maturity of 5 years, maturing on 7 December 2027, with a fixed annual interest rate of 8.817 percent. Raiffeisen Bank has issued and sold 703 bonds, with the nominal value of RON 525,000, to qualified investors.

‘The first day of trading of this issue of sustainable bonds launched by Raiffeisen Bank at the end of last year is what I would like to celebrate with all those who have contributed to the success of the programme. We are proud that the first entrance we made on the local capital market in 2022, by launching the Sustainable Bonds Framework, asserts our ongoing commitment towards responsible banking, in support of projects that add value to the community and the environment’, stated Romulus Mircea, Director of the Treasury Directorate, Raiffeisen Bank.

Raiffeisen Bank listed its first bonds at the Bucharest Stock Exchange in 2013. In the following 10 years, the bank listed 9 issues of bonds, of which 2 have already reached maturity. In 2021, Raiffeisen Bank made its entrance on the capital market as well as in the Romanian banking sector by listing its first issue of green bonds, worth RON 400 million, on the Regulated Market of the Bucharest Stock Exchange.