Banca Transilvania raised €2.65B in CEE’s largest A-T1 bond sale on Nov. 27, 2025, amid strong global demand.

Banca Transilvania completed the largest Additional Tier 1 bond issuance in Central and Eastern Europe, raising over €2.65 billion on the Dublin Stock Exchange with demand exceeding 5.3 times the target. The euro-denominated bonds, priced at a 7.125% coupon and issued on November 27, 2025, attracted over 180 international investors, including major institutions, and saw strong demand with a peak order book of €3.25 billion. The deal, which reduced the initial coupon estimate and priced close to senior debt, strengthens the bank’s capital position and reflects growing investor confidence in Romania’s financial sector.