Bancherul - BANCI / ENGLISH / EBRD arranges €150 million syndicated A/B loan for Raiffeisen Bank Romania

The EBRD is supporting debt capital markets in Romania with a €40 million loan to Raiffeisen Bank Romania. The total amount of the syndicated loan is €150 million, said the bank in a press release.

This is the second syndication for Raiffeisen Bank Romania. It aims to enhance its loan portfolio and maintain a strong market position by diversifying its funding sources and improving the maturity profile of its balance sheet. This will further strengthen Raiffeisen Bank Romania's lending activities.

This will also be the first syndicated transaction in the financial sector in Romania since the global financial crisis of 2008. The loan aims to reopen the access to debt capital markets for Romanian commercial banks.

The A-loan of €40 million is provided for the EBRD's own account. The B-loan, which was over-subscribed from the initial €80 million, closed at €110 million for the accounts of the participating banks.

List of B loan participating banks and roles

- Initial Mandated Lead Arrangers and Bookrunners
BNP Paribas
Commerzbank Aktiengesellschaft
Raiffeisen Banking Group Austria*
Wells Fargo Bank, National Association

- Senior Lead Arranger
HYPO NOE Gruppe Bank AG

- Lead Arranger
Pohjola Bank Plc

-Co-Arranger
ADRIA BANK AKTIENGESELLSCHAFT Nova KBM Group

Since the beginning of its operations in Romania, the EBRD has committed over €5 billion for projects in various sectors of the country’s economy, mobilising additional investment of almost €8.5 billion from other sources of financing.

*Raiffeisen Banking Group is represented by:
- Raiffeisenlandesbank Niederösterreich-Wien AG
- Raiffeisen Bank International AG
- Raiffeisenlandesbank Oberösterreich Aktiengesellschaft
- Raiffeisen-Landesbank Tirol AG
- Raiffeisenlandesbank Kaernten - Rechenzentrum und Revisionsverband, reg. Gen.m.b.H.