BCR issued and sold 703 corporate bonds with a nominal value of RON500,000 and maturing on March 31, 2027. The interest rate is fixed, of 6.76% per annum.
This is BCR’s sixth issue listed on the Main Market. The first one already reached maturity. The second bond issue, worth RON600 million, has been available for trading since December 2019 under the stock ticker BCR26. In 2021, BCR listed three bond issues, of which one issue of green bonds, BCR28, BCR28A and BCR28B.
It is BCR’s first bond issue on BVB’s market in 2022, while the total value of BCR bonds available for trading amounts to RON3 billion.
“BCR has used intensively, in the recent years, the capital market for financing, being an essential partner for Bucharest Stock Exchange in promoting the available resources on the capital market for companies. Moreover, the BCR team is one of the innovators in the capital market, listing last year a green bond issue. We are glad that BCR continues to include the capital market in its financing strategy and that we will have, starting with April 8, a new issue of BCR corporate bonds on the Main Market”, said Adrian Tanase, CEO of the Bucharest Stock Exchange.
“The BCR team reached a new record, by issuing bond issues worth RON 3bn, this fact being another proof that the Romanian capital market is a strong one, even in a difficult and volatile international context. Investors are looking for predictability and the Bucharest Stock Exchange is an example in the region, which shows the sustainability of the Romanian economy”, said Sergiu Manea, BCR of CEO.