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TBI Bank EAD contemplates issuance of MREL eligible EUR denominated senior preferred notes

TBI Bank EAD (the “Issuer”) has mandated ABG Sundal Collier as Sole Bookrunner to arrange a series of fixed income investor meetings commencing on Friday 10 November 2023 to explore the possibility to issue MREL eligible fixed rate senior preferred notes in an initial amount of up to EUR 50 million, with an expected tenor of 2.75 years (the “Notes”). A capital markets transaction of the Notes may follow, subject to inter alia market conditions. The net proceeds from the issue of the Notes will be used for general corporate purposes.

Gernandt & Danielsson Advokatbyrå has been engaged as legal advisor to the Sole Bookrunner and Eversheds Sutherland has been engaged as legal advisor to the Issuer in connection with the contemplated issue of the Notes.

For additional information, please contact Nikolay Grancharov, Head of Investment Intermediary, TBI Bank EAD,:

Phone: +359 98 8800 596
E-mail: NGrancharov@tbibank.bg.

The information was submitted for publication, through the agency of the contact person set out above, at [08.00] CET on 8 November 2023.

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TBI Bank EAD contemplates issuance of MREL eligible EUR denominated senior preferred notes