International Rating Agency Fitch Ratings has affirmed Garanti BBVA Romania’s (GBR) Long Term Issuer Default Rating at ‘BB-‘ with a stable outlook and its Viability Rating (VR) at ‘bb-‘. ”As the year draws to a close, it is noteworthy to […]
Exim Banca Românească coordinated the extension until 2026 of the working capital credit facility amounting at 150 million USD for ALRO, one of the largest aluminium producers in Europe measured by production capacity. The banks syndicate included Exim Banca Românească, […]
Infinity Capital Investments (INFINITY), a company listed on the Bucharest Stock Exchange (BVB) for 24 years, will start trading today, 11 December 2023, under the new symbol, INFINITY, following the process of implementing a new brand identity undertaken by the […]
Filip & Company assisted Banca Transilvania with the launch of a bond programme totalling 1.5 billion euro and with the first sustainable bond issue under this programme, through which Banca Transilvania raised 500 million euro from international markets. This is […]
UniCredit Bank has successfully concluded a new issuance of senior unsecured corporate bonds in RON, carried out during the period 21 – 24 November 2023. Through the bond offering, the bank aimed to raise a total amount of 400 million […]
Banca Comercială Română (BCR) announces the launch of BCR Seed Starter, a fully owned subsidiary, the first corporate venture capital company (CVC) incorporated by a bank in Romania, aimed at investing in technology startups from January 2024 onwards. With a […]
Global law firm Dentons has advised CEC Bank on raising over 162 million Euro through a tap of its February 2028 senior non-preferred MREL Eligible Notes, issued in February 2023. The placement brings the aggregate size of the tapped issue […]
The European Bank for Reconstruction and Development (EBRD) is providing an additional 15 million Euro in financing to the city of Timisoara to co-finance, alongside the European Union (EU), the city’s urban infrastructure. The EBRD provided a 20.3 million Euro loan to Timisoara […]
ING Bank Romania supports the development of Vrancart, one of the largest producers of paper and cardboard packaging on the Romanian market, with credit facilities worth 21.4 million euros. The financing offered by ING includes both working capital facilities and […]
ARIR (The Romanian Investor Relations Association) is launching the first collection of NFTs (Non-Fungible Tokens) in Romania’s capital market, in collaboration with listed companies, marking its 5th anniversary. During these five years, ARIR has championed excellence in Investor Relations. ARIR’s […]
