UniCredit Bank aims to get at least RON 500 mln in fresh bond sale

UniCredit Bank launches this Monday its first bonds issue from 2017 at Bucharest Stock Exchange (BVB), aiming to raise at least RON 500 million. The bonds have a maturity of 3.5 and 7 years and interests between 0.6 percent+ ROBOR at six months and 1.1 percent+ ROBOR at six months. This is the first of the two bond tenders planned by UniCredit this year.

The intermediary is SSIF IEBA TRUST and the issue runs between July 17-21.

The bonds are exclusively for qualified investors, according to an announcement of UniCredit. The indicative interests are in the interval 0.60 percent-0.70 percent + ROBOR at six months for the bonds with maturity in 2022 and 1-1.10 percent/year percent + ROBOR at six months for bonds with maturity in 2024.

The bonds will be listed on the BVB starting August 14.

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