BCR assisted with the initial public offering of 15% stake in natural gas producer Romgaz, which was unfolded between October 22 and 31.
In January through November, BCR brokered deals worth RON3.27 billion, securing a 16% market share.
Raiffeisen Capital&Investment was the second most active brokerage firm in November, with deals worth RON1.24 billion (a 19.4% market share), followed by Swiss Capital with RON783.39 million (a 12.24% market share).
Romania sold a 15% stake in Romgaz for 1.7 billion lei (some EUR391 million, $534 million) in the largest Romanian public offering ever to be completed and the first privatization to include a global depository receipt (GDR) component to be traded on the London Stock Exchange.
Goldman Sachs International and Erste Group Bank AG acted as Joint Global Coordinators and Joint Bookrunners for the offering, which ran between October 22 and 31. BCR and SSIF Raiffeisen Capital & Investment acted as Domestic Lead Managers, while Clifford Chance, through its London and Bucharest offices, has acted as the main legal counsel on the transaction.