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Cash will become obsolete and this will be the result of digital finance advancement»
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Banca Transilvania to sell 350 million Euro worth of bonds

Romanian lender Banca Transilvania wants to sell subordinated bonds worth 350 million Euro, with a 10-year maturity and a fixed or variable interest rate.

2018-04-20 11:23:26

The bank has included the proposal on its general shareholders meeting on May 23, according to Romania Insider.

It would sell the bonds through a private placement dedicated to up to 150 qualified investors, and intermediated by BT Capital Partners, its brokerage division. The bank's shares are floating on the Bucharest Stock Exchange.



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