After the record corporate bond listing on the Bucharest Stock Exchange in July 2017, we set a new one with our second admission to trading with a value of EUR550 million in May 2018, in partnership with BT Capital Partners, a company of Banca Transilvania Financial Group.
“Over the years, Globalworth has successfully completed a series of landmark transactions, which has allowed us to become one of the most important investors in the Romanian and Polish office markets. The company’s first corporate bond listing on the Bucharest Stock Exchange last year marked a benchmark for us and, at the same time, a record for the local market. Today, we are announcing a new step in our development: the second admission to trading of corporate bonds issued by our company. This follows our growth plan, with which we are aiming to become the leading office real estate company in the CEE region, and strengthens our promise to continue investing in the local market and providing the best possible product for our partners”, stated Dimitris Raptis, Deputy CEO and Chief Investment Officer of Globalworth.
“Records are made to be broken or matched. In this case, Globalworth matched its own record, the one the company set last year on the Bucharest Stock Exchange: more than half a billion euros in corporate bonds. It is the best example for encouraging other companies to look more towards the capital market as a source of funding”, said Adrian Tanase, CEO of Bucharest Stock Exchange.
Our corporate bonds are traded in euros on BVB, and the settlement is done directly in the European currency. For the first time in Romania, as of last year the Bucharest Stock Exchange implemented settlement directly in euros, thus enhancing the degree of maturity and development of the local capital market. The corporate bonds have also been admitted to trading on the Irish Stock Exchange.