Filip & Company has assisted Raiffeisen Bank on the May 14, 2020, listing of lei-denominated subordinated bonds on the Bucharest Stock Exchange.
The bonds have a 10-year maturity and have a total value of 480 million lei and a 3.5% + 3 months Robor interest.
“The liquidity of the financial markets is essential during these difficult times and each thing that proves things are moving in the right direction helps consolidate and grow the investors’ confidence," said Filip & Company Partner Alexandru Birsan, who coordinated the firm's team along with Counsel Olga Nita. We are honored to have worked alongside Raiffeisen Bank on this project that supports the Romanian business environment during this tough period."