{"id":7817,"date":"2025-11-21T08:01:46","date_gmt":"2025-11-21T08:01:46","guid":{"rendered":"https:\/\/ofero.news\/?p=7817"},"modified":"2025-11-21T08:01:46","modified_gmt":"2025-11-21T08:01:46","slug":"banca-transilvania-prepares-bond-issue-denominated-in-euros-with-7-625-coupon","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=7817","title":{"rendered":"Banca Transilvania prepares bond issue denominated in euros with 7.625% coupon"},"content":{"rendered":"<p>Banca Transilvania (BVB: TLV) is preparing to launch a new Additional Tier 1 (AT1) bond issue, denominated in euros, with an indicative coupon of 7.625% (semiannual payment), according to Bloomberg information consulted by <a href=\"https:\/\/economedia.ro\/banca-transilvania-lanseaza-o-emisiune-de-obligatiuni-at1-in-euro-cu-dobanda-indicativa-de-7625.html?mc_cid=0e1b0b07a0&amp;mc_eid=cd1f92f96c\" target=\"_blank\">Economedia.ro<\/a>.<\/p>\n<p>The instrument is a EUR Benchmark Perpetual Non-Call 5.5-year (PerpNC5.5) issue, with fixed interest until the first reset date.<\/p>\n<p>If the bonds are not redeemed early, the coupon will be recalculated every 5 years, based on the 5-year swap rate (5Y MS) plus the initial margin.<\/p>\n<p>The issue&#8217;s arrangers are Bank of America, BT Capital Partners, JPMorgan, and Morgan Stanley.<\/p>\n<p>The issue includes standard clauses for such instruments: the possibility of redemption in the event of tax changes, regulatory changes, or loss of eligibility as an equity instrument.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: the company)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Banca Transilvania (BVB: TLV) is preparing to launch a new Additional Tier 1 (AT1) bond issue, denominated in euros, with an indicative coupon of 7.625% (semiannual payment), according to Bloomberg information consulted by Economedia.ro. The instrument is a EUR Benchmark Perpetual Non-Call 5.5-year (PerpNC5.5) issue, with fixed interest until the first reset date. If the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7817","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/7817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7817"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/7817\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}