Clifford Chance Badea advised banks in connection with BT ESG bonds issue that attracted EUR 700 million

Clifford Chance Badea and Clifford Chance LLP provided legal counsel to Banca Transilvania in the sale of EUR 700 million ESG bonds on international markets. The transaction, part of Banca Transilvania s multi-annual Eurobond programme, was oversubscribed within a few hours. The legal team included Mădălina Rachieru-Postolache, Radu Ropotă, Martha Busuiocescu, Kate Vyvyan, and Russell Harris. This second ESG issue for Banca Transilvania follows the first MTN Programme of EUR 1 billion and the inaugural offer of EUR 500 million. The lawyers from Bucharest and London have a long-standing relationship with Banca Transilvania and have advised on numerous successful projects in Romania s financing market. The transaction aligns with Clifford Chance s commitment to sustainability efforts. The Bucharest Capital Markets practice, fully integrated in the global network, boasts a portfolio of first-of-their-kind projects and is recognized as a top law firm specialized in this area. Recent notable transactions include Romania s inaugural green bonds offer, Premier Energy IPO, NEPI Rockcastle s Eurobond Program, Hidroelectrica s IPO, OMV Petrom s delisting of GDRs, CEC Bank s Eurobonds Program, Unicredit Bank s Eurobonds Program, OMV Petrom s share capital increase, Fondul Proprietatea s buy-back public tender offers, and Romania s Sovereign Eurobonds Program.

Source: business-review.eu
Published on 2024-10-01