Our investment credit rating is confirmed by BCRA

We plan new bond issues in Bulgaria, Romania and Greece

28 january 2025 #News

We plan to issue MREL-eligible bonds in Bulgaria, as well as in Romania and/or Greece, in the total amount of EUR 60 to 80 million, to support our business growth from a regulatory perspective.

Our plans include an issue in Bulgaria in Q1 2025 at a similar size to our previous bonds, before a possible pilot issue on the Greek or Romanian market in mid-summer. There is also a possibility of another issue in Bulgaria by the end of the year.

We are also planning to exercise our rights to repay previously issued bonds one year before their maturity. A similar action could only be performed if we obtain the necessary regulatory approvals and make a final decision on the matter, in accordance with the applicable banking legislation and the terms of the bonds.

In a rate-decreasing environment, investors still have one of the few last chances to lock their savings in the bond market for a longer period at attractive rates. There has already been a substantial reduction in the yields on government and corporate-issued bonds. We believe our bonds are a great opportunity for investors and their interest in our previous bond issues have proven it.

Lukas Tursa

Executive Director

Over the past three years we established tbi bank as one of the leaders in the Bulgarian corporate public bond market. Providing investors with attractive and flexible instruments in terms of maturity and return, we raised a total of 50 million EUR through different instruments.