Bursa de Valori Bucuresti: BCR continues capital market financing and lists a new green bond issue on the Bucharest Stock Exchange

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Bucharest, June 22

PRESS RELEASE

BCR pursues capital market financing and lists a new green bond issue on the Bucharest Stock Exchange

Banca Comerciala Romana (BCR)one of the most important financial groups in Romania, announces on Wednesday June 22 a new issue of green bonds, worth 702 million RON, under the stock symbol BCR27A. This is the second issue of green bonds listed by BCR on the Bucharest Stock Exchange (BVB), after the first in October last year, worth RON 500 million.

The senior non-preferred green bonds to be listed have a maturity of 5 years and an annual fixed rate of 9.079%. BCR issued and sold to 13 bondholders, legal persons, a number of 1404 corporate bonds with a face value of RON 500,000. The new green bond issue is part of the bank’s efforts to align with ESG (Environment, Social and Governance) criteria. The bonds received a long-term rating of BBB+ from rating agency Fitch.

“I am pleased that, thanks to the efforts of my colleagues, we have been able to demonstrate consistency and extend our commitment to issuing green bonds. These offerings, in addition to all our similar initiatives, are part of BCR’s vision for a sustainable and long-term transformation of the Romanian economy. Investors are increasingly attentive to the resources they choose to support, and we are happy to see this concern increasingly present in Romania. It is a sign of responsibility and, at the same time, of confidence in the capital market, even in a difficult international context.

the context.’, said Sergiu Manea, CEO of BCR.

“The BCR is actively using the Romanian capital market to attract financing, and green projects are starting to gain even more consistency on the Bucharest Stock Exchange. Last year, the BCR team listed the group’s first green bond issue on the local market, and now a new issue of more than RON 700 million will be used to finance green projects in the Romanian economy. The success of these offers demonstrates the capacity of the Romanian capital market to cover important financing needs and shows that the stock exchange has an essential responsibility in promoting the transition to a green economy by encouraging and developing responsible financing and sustainable financial products. said Adrian Tănase, CEO of the Bucharest Stock Exchange.

A: 34-36 boul. Carol I, 13-14 floor, sector 2

Trade Register: J40/12328/2005

020922, Bucharest, Romania

CUI: 17777754

J: +40 21 307 95 00 / F: +40 21 307 95 19

Share capital: 80,492,460 lei

E: [email protected] / O: www.bvb.ro

CNVM Decision No. /31.01.2006

BCR, member of the Erste Group, is one of the most important financial groups in Romania, comprising universal banking operations (retail, corporate and investment banking, treasury and capital markets), as well as companies in the leasing market, private pensions and housing banks. The bond issue that will begin trading on June 22 is the bank’s 6e bond issue listed on the BVB, with the total value of BCR bonds available for trading exceeding RON 3.7 billion.

For more information: Bianca Dascălu, Marketing and Communication BVB, [email protected]

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Disclaimer

Bucharest Stock Exchange published this content on June 22, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on Jun 22, 2022 06:44:06 UTC.

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