BT Capital Partners, one of the companies that successfully brokered the bond issue of Autonom Services SA

Autonom Services SA successfully carried out its first bond issue in a private placement worth EUR 20 million. The bonds have a maturity of 5 years, with a coupon of 4.45% payable annually, and are to be listed on the regulated market administered by the Bucharest Stock Exchange.

The private placement was brokered by BRD and BT Capital Parteners – the investment banking and capital markets division of Banca Transilvania Financial Group, as Manager.

"We are pleased to be one of the partners of autonom international group at their first bond issue on the Romanian capital market, which confirms that more and more entrepreneurs are looking at the stock exchange as a potential source of financing for the fulfillment of their development plans", said Daniela Secară, CEO of BT Capital Partners.

"We have participated in recent years in the events organized by BVB, approaching this community, especially after Autonom Services was nominated in the Made in Romania program in 2017 and, in this context, we decided to diversify our sources of financing and thus increase the average maturity of our financing through a bond issue, thus becoming visible as an issuer on the capital market", said Marius Ștefan, co-shareholder and founder of the Autonom International Group, of which Autonom Services SA is a part.

Autonom Services SA is the most important independent player with Romanian capital on the automotive and rent-a-car operational leasing markets in Romania, with 44 agencies in 33 cities in Romania. Autonom Services SA acquired in June 2018 BT Operational Leasing, the operating leasing subsidiary of Banca Transilvania.