Banca Transilvania has completed an Additional Tier 1 bond issuance

November 2025 — Banca Transilvania has completed its inaugural US$595 million Additional Tier 1 (AT1) bond issuance on 27 November 2025. The perpetual NC5.5 bonds were listed on Euronext Dublin, carried a 7.125% coupon and were oversubscribed more than five times. The proceeds will be used to strengthen the bank’s capital base and optimize its capital structure.

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.

Unsere Rolle bei der Transaktion

Oaklins’ team in Romania acted as joint bookrunner in Banca Transilvania’s AT1 bond issuance. The team supported structuring, pricing, investor placement and the syndication process, contributing to strong demand and the successful execution of Romania’s first AT1 transaction and the largest of its kind in Central and Eastern Europe.