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DCM UCB Ro II

Sector: Waste Processing and Treatment • Location: Romania

Source: International Finance Corporation (IFC)

Project
Active

The proposed project is to invest up to EUR100 million (corresponding to US$108 million), in EUR and/or RON equivalent, for IFC’s own account, in one or more senior unsecured bonds to be issued by UniCredit Bank Romania (UCB or the Bank), as part of its new Medium-Term Notes Program (MTN Program). The bonds are expected to be issued in the local capital markets, with the first investment targeted

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Project Information

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The project “DCM UCB Ro II” is an infrastructure initiative in the Waste Processing and Treatment sector, located in Romania. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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active

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Description

Description

The proposed project is to invest up to EUR100 million (corresponding to US$108 million), in EUR and/or RON equivalent, for IFC’s own account, in one or more senior unsecured bonds to be issued by UniCredit Bank Romania (UCB or the Bank), as part of its new Medium-Term Notes Program (MTN Program). The bonds are expected to be issued in the local capital markets, with the first investment targeted for June/July 2024. The bonds will have a maturity of up to 7 years and will not qualify as minimum required eligible liabilities (MREL) but will be bail-in-able. All proceeds from IFC’s investment will be used to support the Bank’s climate finance program through loans to eligible small and medium enterprises (SMEs) and green mortgages in Romania. (the “Project”).                           

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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