📋 Tender Overview
Identification Code:
OP/24/0039
Total Operation Cost:
30.000.000
Maturity:
60 months
Operation Status:
BSTDB Approved Amount
10.000.000 EUR
Approval Date
19 Nov 2024
BSTDB Signed Amount
10.000.000 EUR
Signed Date
20 Nov 2024
Status:
Active
Description and Purpose of the Operation:
Participation in a medium-term senior unsecured sustainability-linked corporate bond/private placement of the private company Autonom Services S.A. (Romania) to support its growth via new car-fleet investments/acquisitions.
Countries of Operation:
Romania (100,00 %)
Financial Product:
Loans
Sector:
Financial Institutions
Domain:
Private
Borrower/Client:
Autonom Services SA, Romania
Co-Financiers/Participants:
Private placement targeting qualified investors
Guarantors/Sponsors:
n.a.
Developmental and Regional Cooperation Impact:
The Company is raising finance to to expand the car fleet to meet increased demand from local business, while reducing its carbon footprint. Thus, it pursues environmentally friendly growth in line with its sustainability strategy, that aims at cutting the operating fleet’s carbon emissions. The Bank will be supporting Autonom in its long-term sustainability endeavors.
Environmental Classification and Impact (summary):
Screened Environmental and Social (E&S) Category FI, as per the E&S Policy of BSTDB. The E&S due diligence (ESDD) of Autonom relied on publicly available information and the Preliminary Offering Circular. The ESDD concludes that the Operation is in line with the Bank’s Climate Change Strategy and will contribute to meeting the Strategic Objective 1 that is decarbonization of the Bank’s portfolio, and the Strategic Objective 2 that is increasing capital allocation towards climate positive operations.
Operation Leader:
General Industries, Transport, Tourism 2
E-mail:
gitt2@bstdb.org
