BUSINESS LAW

PeliFilip assisted International Investment Bank (IIB) in connection with the issuance of bonds with a total value of RON 300mn (EUR 67mn). The securities are listed on the Bucharest Stock Exchange (BVB). The bond issue has a maturity of three years and a coupon of 3.4% per year and is IIB’s third issue in the European Union and the second in Romania. The debut issuance in Romania took place in April 2015, had a value of RON 111 mn (EUR 25 mn) and was also assisted by the PeliFilip team.


“IIB has proven, again, its confidence in the Romanian capital markets and their commitment to its development. The great success of their second bond issuance shows that Romanian investors appreciate and trust IIB and we are very pleased to have had the opportunity to help”, said Alexandru Birsan, Partner PeliFilip.


The PeliFilip team was coordinated by Alexandru Birsan, Partner, while other key individuals were Ana Andreiana, Associate and Roxana Diaconu, Associate.
PeliFilip has one of the most dynamic finance and capital markets practices on the Romanian market.

The team includes specialists with an extensive and successful track-record in complex and top finance and capital markets transactions, acquired both in domestic and international transactions.
International Investment Bank (IIB) is a multilateral development institution founded in 1970 based on the intergovernmental Agreement Establishing the IIB and its Charter. The current nine members/shareholders of the Bank are Bulgaria, Cuba, Czech Republic, Hungary, Mongolia, Romania, Russia, Slovakia and Vietnam.


PeliFilip

PeliFilip is a firm providing top quality assistance in business law with the help of a team which aims to set a market standard in terms of dynamism, in-depth knowledge of the clients’ businesses and creative legal solutions. Specialized in complex projects that require an innovative approach, PeliFilip’s lawyers have a wide experience in various practice areas such as infrastructure and concession, mergers and acquisitions, energy, corporate law, real estate, competition, dispute resolution, finance and capital markets, as well as employment. Please find more details about PeliFilip’s expertise areas and team on the website www.pelifilip.com.

PeliFilip assisted International Investment Bank in issuing RON 300mn bonds
NEWS & PUBLICATIONS

14.10.2016