DCM B3T2 MREL 3

active

The proposed investment is to invest up to US$80 million equivalent (in Romanian New leu or euro equivalent) for IFC’s own account in Minimum Requirement for Own Funds and Eligible Liabilities (MREL) eligible bonds (senior preferred, SP, and senior non-preferred, SNP) to be issued in one or more tranches, including RBRO’s first-ever EUR-denominated benchmark size international bond issuance. The bonds will be listed on Luxembourg and/or Bucharest stock exchanges and issued under the Bank’s Sustainability Bond Framework, approved in April 2022 which is aligned with the International Capital Market Association’s (ICMA) Green Bond Principles, Social Bond Principles and Sustainability Bond Guidelines and, thereby supporting the growth of a sustainable economy in Romania.