Zebrapay, the Romanian company that operates the SelfPay Payment Station network, has successfully completed its private bond placement, raising €3mn with a 2026 bond at an interest rate of 5.5%. It will use the money to expand abroad, mainly in Europe.
SelfPay is the first fintech business to list bonds on the AeRO market of the Bucharest Stock Exchange (BVB), according to the statement issued by the bond’s intermediary BT Capital Partners.
BT Capital Partners, the investment banking and capital markets division of Banca Transilvania Financial Group, was an intermediary and authorised consultant.
SelfPay aims to list the bond in about a month, under the symbol PAY26E.
The funds obtained from the bond will be used mainly for the development of the network of paying stations at the national and international level, first in Italy, Spain, France and Ireland.
"We are pleased to be with SelfPay in this first step on the capital market, which provides them with the necessary financing to implement ambitious development plans and we thank them for their trust," said Daniela Secară, general manager, BT Capital Partners.
Related Articles
EC clears €200mn capital increase at Romanian state-owned CEC Bank
The European Commission has approved Romania’s planned €200mn capital increase for state-owned CEC Bank, allowing the country to proceed with strengthening the lender’s financial position, ... more
Austrian bank Addiko to enter Romanian market with consumer loans first
Addiko Bank, an Austrian financial institution specialising in the consumer and SME sector operating in Central and South-Eastern Europe (CSE), is preparing to launch operations in Romania with the ... more
Moldova’s MAIB announces stronger profit and plans to expand in Romania
Moldova’s Maib bank, which plans to list its shares on the Bucharest Exchange (BVB), has reported an excellent third quarter, with net profit rising by 11% year on year to MDL1.1bn ... more
Most Read
-
Putin to skip Rio BRICS summit over ICC warrant as Xi signals no-show
12 days ago
-
Turkey yet to prove rare earth deposit has suggested “giant” potential despite reported processing talks with China
10 months ago
-
Uproar in Mongolia as development bank reveals scale of risky loans and NPLs
3 years ago