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.
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.
Impact Developer & Contractor (symbol IMP) raised over one million euro in the first 72 hours of issuing the bond offer. The public offer is ongoing until February 23, 2024.
Romania's annual inflation rate climbed to 9.88% in September, a marginal increase from the 9.85% recorded in August, according to the latest data from the INS.
Investors in Central Europe are optimistic about the upcoming months, according to the latest Deloitte Central Europe Private Equity (PE) Confidence Survey.
Romania's private companies are forecasting a slowdown in salary growth for 2026, with an average projected increase of 6%.
Bogdan Putinică has announced his resignation from his position as Microsoft Area General Manager for Central Europe, which includes operations...
Romania is set to establish its first national AI infrastructure through a joint project launched by the National Institute for Research and Development in Informatics.