The bonds traded under the stock ticker RBRO27 are the third green bond offer that Raiffeisen Bank lists at the Bucharest Stock Exchange after the two bond issues in 2021. The total value of the three offers listed exceeds RON2 billion.
The non- preferential senior green bonds that start trading on June 24 have a five-year maturity and an annual fixed interest rate of 8.927% per annum. Raiffeisen Bank issued and sold to 13 bondholders and legal entities a number of 1,000 corporate bonds with a nominal value of RON525,000.
“Through this third issue of green bonds we prove that our commitment to contributing to the development of the sustainable and prosperous communities is lasting and consistent. We are pleased with the high investors’ interest in all our green bond offers which shows us that the sustainability issues are increasingly playing an important role in the capital allocation decisions taken by institutional investors”, said Romulus Mircea, Executive Director of Management Assets and Liabilities, Raiffeisen Bank.
“The focus on investing in sustainable projects has become particularly important in the context that has dominated the landscape of capital markets for some time, marked by the integration of ESG criteria into the capital allocation decisions by investors. We are delighted that Raiffeisen Bank, one of the key players in the Romanian banking field, will list its third green bond issue at the Bucharest Stock Exchange, thus proving that the stock exchange can and must become the main financing channel for green investments in Romania”, stated Adrian Tanase, CEO of the Bucharest Stock Exchange.
The bond issue that starts trading on June 24 is the fourth offer of Raiffeisen Bank, with the total value of the bank’s bonds available for trading exceeding RON2.6 billion.