“With this issue, UniCredit strengthens its strategy to diversify funding sources and reaffirms commitment to support the economy and the customers’ needs, at the same time contributing to the development of the capital market in Romania. The transaction was successfully completed, significantly oversubscribed from the initially sought amount of RON500 million,” UniCredit says.
The high interest and the favorable market led to raising the issue volume to RON600 million and annual coupon was set at 6.82%.
The broker of the issue was UniCredit Bank S.A., while Clifford Chance Badea provided legal advice.
(English version by Loredana Fratila-Cristescu)