“We plan a RON500 million bond issue this month, most likely with a maturity of five years,” Rasvan Radu said at the ZF Bankers Summer seminar.
The bonds will be traded on the Bucharest Stock Exchange, he said.
ZF BANKERS SUMMIT '13 · Banks-Insurance
UniCredit Tiriac To Launch 5-Year RON500M Bond In June
Romania’s UniCredit Tiriac Bank, a unit of Italy’s banking group UniCredit, will launch in June a five-year corporate bond issue in a bid to raise 500 million lei (EUR111.2 million), the bank’s chief executive said Wednesday.