Finance Archives

Finance

One United Properties raises €52.8 million in IPO

Romanian real estate developer One United Properties has raised €52.8 million from its Initial Public Offering (IPO) on the Bucharest Stock Exchange (BVB) and reached a capitalization of €580...

Finance

New EBRD forecast sees Ukraine’s economy returning to growth

Ukraine’s economy is set to return to growth in 2021, the European Bank for Reconstruction and Development (EBRD) says in its latest Regional Economic Prospects report. The Bank forecasts...

Finance

CTP raises €1 billion by issuing dual-tranche green bond

CTP has completed its largest green bond issuance to date, following the company’s March IPO and recent inclusion in the Euronext AScX index. Structured as a dual-tranche, CTP raised...

Finance

ProService Finteco takes over Luxembourg-based Moventum

ProService Finteco, a leading provider of support services for financial institutions, has finalized the takeover of Luxembourg-based Moventum S.C.A., a financial services company. The Luxembourg financial regulator, the CSSF,...

Finance

Dentons advises Crestyl on the refinancing of Dock In Office Park by pbb and Helaba

Global law firm Dentons advised Crestyl on the €130 million (approximately CZK 3.3 billion) refinancing of the “Dock In Office Park” complex in Prague by German banks pbb Deutsche...

Finance

pbb posts markedly higher pre-tax profit of €52 million in Q1 2021

Deutsche Pfandbriefbank AG (pbb) starts 2021 on a strong note. With a pre-tax profit of €52 million, the real estate lender exceeded the previous year’s figure of €2 million...

Finance

EBRD invests €67 million in VGP NV Green Bonds with financing earmarked for CEE

The European Bank for Reconstruction and Development has successfully subscribed to a €67 million ticket as part of the inaugural eight-year €600 million green bond issuance as announced 31...

Finance

EUROVEA 2 receives €116 million loan for extension of shopping centre and offices

EUROVEA 2 has received one of the largest real estate loans in Slovakia in recent years. Funding of €116 million will be used for the construction of the extension...

Finance

EBRD invests €30 million in the Slovak Republic’s inaugural green bond

The European Bank for Reconstruction and Development (EBRD) has supported the Slovak Republic’s first green bond issuance with a €30 million investment in the senior preferred paper. The total...

Finance

UiPath CEO Daniel Dines officially becomes Romania’s richest man

UiPath, the biggest robotic processing automation (RPA) company in the world, launched by two Romanian entrepreneurs in Bucharest in 2005, has set a price of USD 56 per share...

Finance

S IMMO posts strong annual results thanks to a robust business model

The listed real estate investment company S IMMO AG generated a profit of €56.9 million for the financial year 2020, closing the year well in the black despite the...

Finance

pbb provides €115 million financing for a logistics portfolio in Poland acquired by Ares Management

pbb Deutsche Pfandbriefbank has provided an investment loan facility totalling €115 million to a fund managed by the Real Estate Group of Ares Management Corporation (Ares), which will utilise...

Category: Finance