Nusco lists bonds on BVB

Business Forum

28 October, 2025 at 6:55 PM

Nusco Imobiliara has listed its first corporate bond issue on the Multilateral Trading System (SMT) of the BVB.

The total value of the guaranteed, RON-denominated bonds stands at RON 25 million (€5 million). The bonds, comprising 250,000 units, carry a fixed annual interest rate of 9%, payable quarterly, with maturity set for August 2028.

The private placement, which attracted 15 institutional investors, was conducted between December 2024, and January 2025.

The funds raised will be directed towards current activities and investments, specifically Phase II of the Nusco City residential project. This phase, which commenced in 2023 and is scheduled for completion in 2026, features a total built area of 69,450 sqm and includes 828 apartments and 994 parking spaces. The gross development value is estimated at €196 million.

Michele Nusco, CEO of Nusco Imobiliara, said: "This new phase further reaffirms our commitment to investing in Romania and reinforces confidence, especially towards the Romanian investors.”

The admission to trading was brokered by BRK Financial Group.

Romania raises additional funding from bond sale

Romania's Ministry of Finance successfully raised RON 75 million (€15 million) from commercial banks on Friday.

Finance

Stanleybet returns to BVB with second bond issue

Stanleybet Capital, owner of a network of sports betting and slot machine agencies, has listed its second corporate bond issue worth RON 14.8 million (almost €3 million).

Finance

Romania sold almost €10 billion in bonds to retail investors since 2020

The Romanian government has attracted almost RON 47.5 billion (EUR 9.6 billion) from retail investors through the 22 offers held since August 2020.

Finance

First bond issuance by Nusco on BVB marks an unexpected success

Nusco recorded an oversubscription from the market - even in an uncertain economic context - and successfully closed the bond issuance launched at the end of last year.

Economy

Consequences of credit rating downgrades for Romania

Romanian 10-year euro-denominated bonds currently trade at a yield of 5.96%, representing a 351-basis point (bps) spread over German Bunds, which equals to 3.51% over Germany.

Finance

Alongside Bulgaria, tbi bank eyes new bond markets in Romania and Greece

The plans include an issuance in Bulgaria in Q1 2025, ranging between 10-20 million euro, followed by a possible pilot issue in the Romanian or Greek market by mid-summer.