The syndicate of banks included CEC Bank and Alpha Bank Romania and the facility granted is secured by a guarantee issued by Exim Banca Românească.
Half of proceeds allocated to green loans for smaller businesses and half for green housing loans.
The private placement was brokered by BRD Groupe Société Générale, as Sole Transaction Coordinator, and BT Capital Partners.
Fagura, the fintech platform that connects entrepreneurs and investors, announces a new €1 million funding round secured through convertible notes.
Strong investor demand allowed initial indicative price of 6% to fall by 37.5 basis points to a price of 5.625%, while the peak value of orders reached more than €800 million.
The transaction adds to a record portfolio of nearly 5 GW of renewable energy projects advised in 2024, across various areas.