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joi, 27 ianuarie 2022 - 13:19
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Autonom lists the first sustainability-linked bonds on BVB worth over €48mln


The Bucharest Stock Exchange (BVB) announced on Wednesday that Autonom Services listed the first sustainability-linked corporate bonds on BVB, worth over €48mln under the stock ticker AUT26E.

BVB stated that it is the largest bond issue of a Romanian entrepreneurial company on the local capital market, according to a press release. 

The AUT26E issue is part of a program through which the company can issue bonds with a total nominal value of up to €250mln over the next 5 years.  

Autonom Services an independent player on the operational leasing and rent-a-car markets in Romania continues to attract financing on BVB as it lists its second bond issue on the local capital market. 

“This bond issue is part of the sustainability strategy developed for the coming years by Autonom. (…) We want to reduce the average carbon emissions of the operational fleet by 25% by 2025 and by 51% by 2030,” said Marius Stefan, Cofounder Autonom.

Autonom successfully closed the private placement in November 2021 for the first tranche of the offer program by attracting more than EUR 48mn from institutional investors. The European Bank for Reconstruction and Development (EBRD) is a key partner in this project, being one of the main investors by subscribing €10mln.

In December 2019, Autonom Services listed its first corporate bond issue with a total value of €20mln. The bonds are traded on BVB’s Main Market under the stock ticker AUT24E.