The notes carry an interest rate of 8.875% and are part of a EUR1 billion Medium Term Note Program.
“The redemption was carried out at the principal amount outstanding, together with any accrued and unpaid interest up to (but excluding) the Optional Redemption Date. Interest on the Notes ceased to accrue starting with the Optional Redemption Date,” the report reads.
On April 28, the bank’s shareholders also approved the distribution of dividends in the amount of RON1.4 billion.
Banca Transilvania ended 2025 with a net profit of RON4.1 billion at a consolidated level, up 16% year-over-year. Revenues stood at RON10 billion, up 19% year-over-year.
TLV shares have traded 53% higher over the last 12 months and 20% higher so far in 2026, triggering a bourse capitalization of RON39.5 billion.