📋 Tender Overview
Project Number
51090
Company Name
RAIFFEISENBANK AUSTRIA D.D.
Date SPI Disclosed
May 27, 2025
Country
Croatia
Region
Europe
Projected Board Date
Apr 18, 2025
Environmental Category
FI-2 - Limited
Status
Active
Last Updated Date
Department
Regional Industry FIG LAC & EUR
Industry
Financial Institutions
Previous Events
Approved : Apr 18, 2025
Signed: May 13, 2025
Invested: May 21, 2025
Sector
Commercial Banking - General
Project Description
The proposed project consists of an up to EUR 100 million investment in Ordinary Senior Eligible Notes, classified as MREL (Minimum Requirement for own funds and Eligible Liabilities) eligible bonds, to be issued by Raiffeisen Austria d.d. Zagreb (Raiffeisen Croatia or RBA). The investment will be disbursed in two tranches with the first one expected to be EUR 40 million. The proceeds from the IFC investment will be dedicated entirely to supporting climate investments in Croatia. 10% of the total proceeds will be specifically allocated to blue finance with a target of reaching 20% on best efforts.