Banca Transilvania - Convertible Bond

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Translated version of this version: Romanian The EBRD has subscribed EUR 4.4 million in the subordinated unsecured convertible bond issue of Banca Transilvania by exercising its pre-emptive rights. EBRD’s subscription was calculated pro-rata to its shareholding in the issuer. The proceeds are envisaged to help strengthen Banca Transilvania’s capital base. Transition impact potential derives from supporting Banca Transilvania’s subordinated unsecured convertible bond issue which will demonstrate a new way of financing activities for the Romanian banks, as bond issuances, apart from the sovereign ones, have been limited in Romania. Banca Transilvania is the third largest bank in the Romanian banking system with a market share of 8.1%. EBRD is the single largest shareholder in the bank with a 14.6% stake. Banca Transilvania is listed on the Bucharest Stock Exchange. It is rated BB- (with stable outlook) by Fitch. EUR 4.4 million. Up to EUR 30 million. Categorised FI. Banca Transilvania will be required to continue to comply with the EBRD's Performance Requirements 2 & 9 and the EBRD’s Environmental and Social Procedures for Corporate Lending. This will include adherence to the EBRD's Environmental and Social Exclusion Lists and submission of annual environmental and social reports to the Bank. None. Banca Transilvania Cluj-Napoca, George Baritiu Street, no. 8 E-mail: bancatransilvania@bancatransilvania.ro Contact: Ms. Mihaela Nadasan – Executive Director, Head of FI & International Relations Phone: +40 264 301 107 Fax: +40 264 407 179 Email: mihaela.nadasan@btrl.ro