Financial Supervision Commission
Investment Activity Supervision Department
16 Budapest Str.
Bulgarian Stock Exchange - Sofia AD
6 Tri Ushi Str.
The Public via x3news
11 September 2023
RE: Information concerning a green bond issue by First Investment Bank meeting the
Minimum Requirement for own funds and Eligible Liabilities (MREL)
We hereby inform you that First Investment Bank has mandated Citibank London, N.A., London, UK, Landesbank Baden-Württemberg, Stuttgart, Germany, and Raiffeisen Bank International AG, Vienna, Austria, to act as Joint Bookrunners to arrange a series of investor meetings commencing today. An inaugural EUR- denominated 300 million (expected) 3NC2 Green Senior Preferred MREL-eligible Offering may follow, subject to market conditions and the feedback from potential investors. The Notes are expected to be rated by Fitch Ratings.
The proceeds of the bonds will be utilised for eligible projects in accordance with First Investment Bank's Green Finance Framework. Citibank London and Raiffeisen Bank International will be acting as Structuring Advisors.
Chief Executive Officer
First Investment Bank AD published this content on 11 September 2023 and is solely responsible for the information contained therein. Distributed by, unedited and unaltered, on 11 September 2023 14:22:05 UTC.