Romania: Nuclearelectrica buys one-third of CEC Bank's euro-denominated (...)

November 20, 2023

Nuclearelectrica buys one-third of CEC Bank's euro-denominated MREL bonds
Nov 20, 2023

Nuclearelectrica buys one-third of CEC Bank's euro-denominated MREL bonds.

Romania's nuclear group Nuclearelectrica (BVB: SNN), controlled by the state, announced that it bought EUR 45 million more of MREL bonds denominated in euros, issued by the state-owned bank CEC, thus raising its exposure to EUR 90 million, Ziarul Financiar reported. The amount exceeds 5% of (...)

[Read the article in Romania Business Insider]

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