Banca Transilvania has raised funds

April 2023 — Banca Transilvania has initiated a Euro Medium Term Note (EMTN) programme, aiming to raise a total of €1 billion (US$1.06 billion).

Banca Transilvania is Romania’s largest bank in terms of assets, with a market share of approximately 20%, over 3.7 million customers and a network of more than 500 branches. It offers a wide range of banking products and services to individuals, businesses and corporations, including current and deposit accounts, credit and debit cards, loans, investment products, insurance products, payment and money transfer services, cash management services, trade finance services and treasury services.

Banca Transilvania is committed to supporting the Romanian economy and to helping its customers grow and succeed. It offers a variety of programs and services to support small and medium-sized enterprises (SMEs), including loans, advisory services, training programs and networking events. BT was the first bank in Romania to be listed on the Bucharest Stock Exchange (BSE) in 1997. It is one of two Romanian companies that helped Romania transition from frontier market to emerging market status. In 2020, BT was included in the FTSE Global Equities Index Series.

Our role in the transaction

Oaklins’ team in Romania acted as manager of the issuance while Morgan Stanley acted as lead arranger.