Bonds

Romanian state-owned CEC Bank raised 300 million euro through a bond issue that was more than twice oversubscribed, the 160-year old lender announced on Friday (Nov. 22, 2024). The senior non-preferred, euro-denominated bonds were issued under the bank’s euro medium-term note (MTN) programme and were approved by Luxembourg’s financial market regulator (CSSF) following the update of the base prospectus on Nov. 18, 2024.

Romanian gas and energy giant Romgaz is set to list its first bond issue worth EUR 500 million on the Bucharest Stock Exchange (BVB) on Nov. 19, 2024 as it seeks to finance the Neptun Deep Black Sea offshore project that it is developing in collaboration with OMV Petrom. Last month, Romgaz issued the first tranche of 5-year international bonds, worth EUR