Filip &
Company assisted Banca Transilvania with the second bond issue under the
programme launched in April, which attracted EUR 200 million from the
international markets. The investment will be dedicated exclusively to the
financing of Banca Transilvania’s lending operations, with 90% dedicated to the
financing of green mortgage loans.
The second
issue under the programme consists of EUR 200 million subordinated bonds with a
10-year maturity, admitted to trading on the BVB. The issue was coordinated by
BT Capital Partners as manager.
“The financial sector can play an important
role in fighting climate change and this issue is an important step towards
creating a better future for our next generations. We are glad to have had the
opportunity to partner again with Banca Transilvania and thank them for their
confidence in this important project and for the excellent cooperation”,
said Alexandru Bîrsan, Partner at Filip & Company.
The Filip
& Company team that assisted Banca Transilvania on this project consisted
mainly of Alina Stancu Bîrsan (partner), Alexandru Bîrsan (partner), Olga Niță
(partner) and Anca Bădescu (associate).
Over the last years, Filip &
Company was successfully involved in many benchmark transactions on the
Romanian capital market, whether they were share or bond offers, as well as in
all the bond issues of the Romanin State on the external markets. The Filip
& Company lawyers are ranked first in the most prestigious international
directories – Chambers and Partners, Legal 500 and IFLR in
the Capital Markets practice, both as a team as well as individually,
and Alexandru Bîrsan is included in the Legal 500’s “Hall of fame” for
this practice area.
