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BT AMC Subdebt

Sector: Manufacturing (Industrial) • Location: Romania

Source: International Finance Corporation (IFC)

Project
Active

The proposed IFC investment is a subordinated loan of up to US$40 million to Banca Transilvania S.A. (the “Bank” or “BT”), to be fully provided by the IFC’s Capitalization Fund. The loan, to be counted as Tier II capital, is expected to have a 10 years maturity period with a bullet repayment. The project aims to support a systemic bank in Romania through strengthening its capital base. BT, third l

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The project “BT AMC Subdebt” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Romania. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Description

Description

The proposed IFC investment is a subordinated loan of up to US$40 million to Banca Transilvania S.A. (the “Bank” or “BT”), to be fully provided by the IFC’s Capitalization Fund. The loan, to be counted as Tier II capital, is expected to have a 10 years maturity period with a bullet repayment. The project aims to support a systemic bank in Romania through strengthening its capital base. BT, third largest bank in Romania, is a long-time client of IFC. The Bank, established in 1993, operates as a full-scale commercial bank in Romania.

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Source reliability

High

Data quality score

100%

Source

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URL

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