New lei bond issuance printed by BCR

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Banca Comercială Română (BCR) has successfully printed a new senior non-preferred bond issuance of 351.5 million lei, continuing its strategy of expanding its financing sources and contributing to the development of the capital market in Romania.

The bank has printed in the last 3 years an amount of 3.05 billion lei in bond issuances, being one the most active issuers on the Bucharest Stock Exchange.

The issuance represents senior non-preferred notes, with a 5-year maturity, while plans are for it to be listed on the Bucharest Stock Exchange. The notes have been assigned an expected long-term rating of BBB+ by Fitch.

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