Finance | 22 April, 2025 at 7:04 AM
Bucharest Municipality is back on the bond market
The Municipality of Bucharest has successfully issued municipal bonds worth €555 million to refinance a loan contracted in 2005.
The Municipality of Bucharest has successfully issued municipal bonds worth €555 million to refinance a loan contracted in 2005.
Electricity supplier Restart Energy One has filed a request at the Timiș Court for the initiation of a composition with creditors procedure to address temporary financial challenges.
The Fidelis government bonds, issued in April by the Ministry of Finance, started trading on the Bucharest Stock Exchange (BVB) on Thursday.
Teilor Holding, encompassing the luxury jewelry chain Teilor, Teilor Invest Exchange, and Invest Intermed GF IFN, has announced the listing of two new bond issues on the Bucharest Stock Exchange (BVB).
Romania's Ministry of Finance successfully raised RON 75 million (€15 million) from commercial banks on Friday.
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).
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.
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.
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.
Following the offer, Norofert issued 69,503 unsecured and non-convertible bonds having a nominal value of RON 100.
The transaction, which was oversubscribed by institutional investors, represents a new issue launched by CEC Bank within its multi-year €1.5 billion Eurobonds programme.
Romanian developer Forty Management plans to raise up to €5 million from a bond sale in a bid to finance its international projects.
The private placement was brokered by BRD Groupe Société Générale, as Sole Transaction Coordinator, and BT Capital Partners.
The offering will include up to 150,000 nominative, dematerialized, unsecured, and non-convertible bonds, with a nominal value of RON 100 per bond.
The funds raised will help finance sustainable projects in line with the eligibility criteria of the Sustainable Financing Framework.
The total targeted amount is up to €10 million. The holding intends to raise this amount from investors over the next 2 years.
The evaluation of all issuers on the Main Market will be conducted for the first time for the year 2025, for bonds in the market, with results published in January 2026.
he annual interest rate of the bonds is 9% (paid quarterly) with maturity at the end of 2026. However, the bank has the right to redeem the bonds one year earlier.
In total, in the last 10 years, ING has granted facilities of €3 billion for the Digi group.
Institutional investors and wealth managers expect the correlation between bonds and equities to turn increasingly negative over the next 12 months.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.