Commentary & Deal Flow

Banca Transilvania (ticker: "TLVRO", country: Romania), the largest bank in Romania by assets, rated Baa2 (stable) by Moody’s and BBB- (negative) by Fitch, has mandated BT Capital Partners, Goldman Sachs Bank Europe SE, J.P. Morgan, Morgan Stanley and Nomura as Joint Lead Managers to arrange a series of fixed income investor calls commencing today, 14-Apr-26.

A € Benchmark Senior Non-Preferred offering with a long 6NC5 tenor (the “Notes”) may follow, subject to market conditions. The Notes are expected to be rated BBB- by Fitch. The net proceeds from the issue of the Notes will be used for general financing purposes of the Issuer.

The Issuer has received expressions of interest from international financial institutions, who may elect in their discretion to place orders to participate in the offering as anchor investors on the same pricing terms as all other investors.