PROJECT

Projects

Summary of Investment Information

Project Number

42369

Company Name

BT LEASING TRANSILVANIA IFN SA

Date SPI Disclosed

Dec 23, 2019

Country

Romania

Region

Europe

Projected Board Date

Dec 2, 2019

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Mar 13, 2026

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Dec 2, 2019
Signed : Dec 6, 2019
Invested : Dec 12, 2019

Sector

Leasing Services

Project Description

 The Project entails IFC investment in a senior unsecured bond issuance by BT Leasing Transilvania IFN S.A. (BT Leasing), a leasing subsidiary of the largest banking group in Romania, Banca Transilvania S.A., to support expansion of the company’s leasing program to small and medium enterprises (SMEs) and growing of its climate finance business. The Project is an investment in the first senior unsecured bond issuance by a leasing company in Romania on Bucharest Stock Exchange. IFC will play the leading role by investing in up to 50% of the total issuance.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation