Vista Bank operates in Romania through a network of 35 branches and 5 business centres, offering a complete range of financial and banking products and services to both local and international clients. The bonds listed today are part of an extended Medium Term Notes (MTN) programme under which the bank can issue bonds in multiple tranches, with a maximum nominal value of €100 million for all tranches.
The VISTA36E bond issue features 170 bonds with a nominal value of €100,000 each, variable interest calculated as EURIBOR 3M + 3% with quarterly coupon payments, and maturity on 18 March 2036. Three professional investors subscribed to the corporate, non-convertible and unsecured bonds, with funds to be used for the bank's general financing activities.
"We welcome Vista Bank to the Bucharest Stock Exchange. The bank's debut through the MTN Bond Programme demonstrates confidence in capital market mechanisms and reconfirms the Exchange's role as a financing engine for Romanian companies," said Remus Vulpescu, CEO BVB. "We look forward to a solid partnership with Vista Bank, marking many successful moments together."
Georgios Athanasopoulos, CEO Vista Bank, commented: "Listing our first bond issue at the Bucharest Stock Exchange marks an important moment in Vista Bank's development and confirms our strategy of diversifying and optimising our capital structure. Through this transaction, we consolidate our capacity to support our clients and actively contribute to financing the Romanian economy."
