Filip & Company has assisted Banca Transilvania in launching a EUR 1 billion bond issuance programme that drew EUR 500 million from the international markets in its first issue.

The first issue under the programme consists of eligible 4-year non-preferred MREL bonds to be listed on Euronext Dublin. The issue was led by Morgan Stanley as lead manager, with BT Capital Partners and ING Bank as managers.


The launch of this bond issuance programme by Banca Transilvania is an important step in the development of the Romanian banking market leader, connecting it to international financing markets. And the considerable success of BT’s first bond issue, which comes after a period of uncertainty in the international banking system, shows the interest with which it has been received and the confidence of international institutional investors in Banca Transilvania and in Romania. We are glad to have had the opportunity to partner again with Banca Transilvania and thank them for their confidence in this important project and for the excellent cooperation”, said Alina Stancu Bîrsan, Partner and Head of Banking & Finance at Filip & Company.


The Filip & Company team that assisted Banca Transilvania on this project consisted mainly of Alina Stancu Bîrsan (partner), Alexandru Bîrsan (partner), Rebecca Marina (senior associate), Marius Gheldiu (associate) and Anca Bădescu (associate).


Over the last years, Filip & Company was successfully involved in many benchmark transactions on the Romanian capital market, whether they were share or bond offers, as well as in all the bond issues of the Romanian State on the external markets.