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

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

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

On 29th September IIB had successfully placed new RON issuance in the volume of 340 million (approx. EUR 70 million) under the IIB’s MTN Programme registered on the Dublin Stock Exchange. The 3-year maturity bond has a coupon of 3,393%, representing 30 bps spread over the Romanian Government bonds. The euro after-swap price obtained reflects the lowest ever long-term cost of funds for IIB set up at 0,395% p.a. The lead manager of this successful placement was BT Capital partners, which had…  Read more