The leu-denominated bond will have a fixed interest rate and will be traded on the Bucharest Stock Exchange.
The total shares to be issued, the bond’s maturity and the annual yield will be decided in the upcoming period.
Founded in 2002, ProCredit Bank Romania provides financing mainly to small and micro companies in the agricultural sector.
The bank has a widespread ownership, including ProCredit Holding, Internationale Projekt Consult GmbH (IPC), Commerzbank, KfW Entwicklungsbank, International Finance Corporation and the European Bank for Reconstruction and Development. (EUR1=RON4.4726)