Banca Transilvania has completed a sustainable bond issuance

June 2025 — Banca Transilvania has completed a US$333 million sustainable bond issuance on 26 June 2025. The bonds were listed on the Bucharest Stock Exchange on 25 July 2025 under the ticker TLV32. The senior non-preferred bonds carry a seven-year maturity, redeemable after six years, an annual coupon of 8.875% and a BBB- rating from Fitch. The proceeds will be used to strengthen the bank’s capital position, meet MREL obligations and finance projects under its sustainable finance framework.

Founded in 1993 and headquartered in Cluj-Napoca, Banca Transilvania is Romania’s largest bank by assets and is listed on the Bucharest Stock Exchange. The bank serves over four million customers through a network of more than 500 branches, offering a full range of retail, small and medium-sized enterprise (SME) and corporate banking services, as well as digital banking solutions. It operates four main business lines: corporate banking, SME banking, retail banking and the medical division, and has expanded through strategic acquisitions, including the acquisition of OTP Bank Romania in 2024. Banca Transilvania plays a central role in Romania’s financial sector, with a strong focus on digital transformation and sustainable finance.

Our role in the transaction

Oaklins’ team in Romania acted as joint bookrunner in Banca Transilvania’s sustainable bond issuance. The team supported the structuring, pricing and investor placement of the transaction, contributing to successful syndication alongside leading local and international banks.