News by tag: Bonds

IIB marks seven years of successful issuances in Romanian Lei with new transaction

IIB marks seven years of successful issuances in Romanian Lei with new transaction

On 12th October 2021, IIB traded altogether its ninth deal in Romanian Lei. Since 2015, the Bank had been annually returning to the RON market, obtaining a frequent issuer status. The 2-yr RON 200 mln transaction (EUR 40 mln equivalent) organized by IIB’s long-standing partner UniCredit has been successfully concluded despite the elevated volatility on the RON bond market Both local investors and offshore investors bought the deal while the split by investor type reflects asset managers,…  Read more
International Investment Bank successfully taps its outstanding April 2024 CZK bond issue

International Investment Bank successfully taps its outstanding April 2024 CZK bond issue

On September 14, 2021, as a first deal in the second half of the year, IIB successfully tapped its outstanding CZK 2,499 bn April 2024 bond issue. The deal comes directly following a successful Global Investor Call organized on the same day, where the Bank’s financial results of 1H 2021 were presented. The initial CZK 2,499 bn placement that took place in April this year, was one of the institution’s most successful capital market transactions. The tap of the issuance follows up on this track…  Read more
IIB becomes a major investor in the Vajda-Papír Ltd. debut green bond issue

IIB becomes a major investor in the Vajda-Papír Ltd. debut green bond issue

International Investment Bank became a major investor of a corporate green bond issue placed by Vajda-Papír Ltd. on the Budapest Stock Exchange. Founded in 1999, the family-owned, mid-cap, FMCG Company with a revenue over EUR 70 mln, Vajda-Papír is the largest household hygiene paper production company in Hungary, with a total output representing around 55% of domestic production. The wide range of products of the company enjoys high demand domestically and is successfully distributed to…  Read more
IIB executes new CZK-denominated private placement consolidating its euro negative curve by issuing one of the largest CZK deals by a non-Czech issuer ever

IIB executes new CZK-denominated private placement consolidating its euro negative curve by issuing one of the largest CZK deals by a non-Czech issuer ever

International Investment Bank successfully refinanced its maturing CZK floating rate notes with a new issuance of CZK 2.499 billion (EUR 96.4 million) notes with a 3-year maturity and an annual coupon of 1.50%. The euro after-swap price of the issuance, which was placed under the Bank’s MTN Programme, was fixed at -0.041% p.a.. Further decrease in the cost of funds of the Bank will ultimately benefit the whole region, where IIB is present and active in fulfilling its development mission. The…  Read more
IIB achieves a new lowest euro after-swap price for its funding, following the recent MTN Programme update

IIB achieves a new lowest euro after-swap price for its funding, following the recent MTN Programme update

Following the update of its MTN Programme registered on 26th February 2021, International Investment Bank executed its third private placement this year, denominated in the Hungarian forint, in the volume of HUF 8.5 billion (EUR 23.3 million) with the coupon amounting to 1.90% p.a. reaching a record low euro after-swap price of 0.065% p.a. It is the fourth issue denominated in HUF for IIB over the last 2 years making the total amount outstanding HUF 70.7 billion (approx. EUR 192 million),…  Read more