The offering was conducted on November 19, 2024, and targeted qualified investors exclusively; the bank raised RON750 million, significantly more than the planned RON550 million. This is the largest bond issue ever completed by UniCredit in Romania.
“We are delighted with the success of this issuance, which reflects the high confidence investors have in the financial soundness and long-term development strategy of UniCredit Bank. This is the third year in a row in which we have successfully completed a bond issue on the Romanian market (…),” Mihaela Lupu, chief executive officer of UniCredit Bank, said.
The bond issue will be listed on the Bucharest Stock Exchange soon.
Alpha Bank served as the broker of the issue, while law firm Clifford Chance Badea provided legal advice.
(English version by Loredana Fratila-Cristescu)