OMRO IFN, as part of the Filbo group, alongside Filbo Pay S.A. and Easybill Digital SRL, a Romanian company specialised in microcrediting services and modern technological payment solutions, that creates an ecosystem dedicated to financing and integrated payment solutions designed for small entrepreneur, is listing today, 30 January, under the Multilateral Trading System of the Bucharest Stock Exchange (BVB), the third issue of corporate unsecured subordinated bonds amounting EUR 1,567,000, with maturity in 2029.
The OMRO29E bonds have a nominal value of EUR 100 per bond and a fixed annual interest of 10.5%. OMRO IFN is at its third listing of bonds. The first issue, having the ticker symbol OMRO25E and a total value of EUR 2 million, was listed in 2020 and has reached maturity this year. The second issue, identifiable under the OMRO26 symbol, sums up RON 10 million and its maturity will be reached in 2027.
Goldring, as an authorised Consultant, intermediated the admission for trading of the current issue of OMRO bonds. Within the IPO addressed exclusively to qualified investors, 10 of Goldring’s professional clients subscribed, Goldring being a Financial Investment Services Company.
‘The beginning of the year on the capital market looks very promising, with an increasing number of bond listings by Romanian companies active in various sectors. OMRO IFN returns to the stock exchange with the third issue of bonds, planning to increase access to funding for small entrepreneurs. This aim translates into positive effects for the local economy, in that, on the one hand, alternatives expand in the field of crediting in Romania, and, on the other hand, the entrepreneurs receiving funding develop their activity. We are happy that OMRO counts as one of BVB’s partners who support the development of the local capital market and contribute to a more flexible present and future in the field of crediting.’, stated Radu Hanga, President of the Bucharest Stock Exchange.
,,The listing of the third bond issue on the Bucharest Stock Exchange marks a new chapter in Filbo Group’s development and an important step in our mission to support Romanian small entrepreneurs. The success of the first two bond issues has enabled us to turn our vision into reality, offering 100% online financing solutions and developing new products integrated into the ecosystem, such as invoicing and payment services. With this new €1.56 million issue, we are committed to continuing to develop integrated solutions designed to facilitate the growth and success of small businesses. We strongly believe in the potential of Romanian entrepreneurs and are dedicated to providing them with the resources they need to take their businesses to the next level.”, said Georgiana Andrei, CEO of OMRO IFN, part of the Filbo Group.
“Five years and one day after the launch of OMRO IFN’s first bond issue—during which the loan portfolio value has quadrupled, revenues have increased nearly sixfold, and the number of active loans has doubled—we are pleased to once again act as the partner facilitating the listing of OMRO IFN S.A.’s third bond issue on SMT-BSE.
For OMRO – Filbo, bond financing has proven to be an effective growth lever and a positive experience. For investors, this new bond issue, launched by an issuer with a solid growth history, reputable partners, and, most importantly, a strong commitment to financial inclusion, will undoubtedly represent an attractive investment alternative.”, stated Virgil Zahan, CEO of Goldring.
In 2024, the National Bank of Romania (BNR) issued the E-money license for the fintech Filbo Pay S.A., being the fourth E-money license ever issued by the BNR and the first issued in the last 6 years. This will complement the integrated financing services platform, Filbo, with easy access to current account services and related operations. Moreover, OMRO IFN, which enables Romanian entrepreneurs to use microcrediting services in the 100% digital Filbo platform, benefited last year from significant financing, worth approximately RON 47 million, attracted from Banca Transilvania, BRCI, BNP Paribas, First Bank and CEC Bank, ImpaktEU, to support the ongoing expansion of the business.
The third corporate bond issue completes a sustainable and solid financing structure, alongside the financing attracted from reference partners in the industry, which represent the equity, worth almost RON 11 million and held in proportion of 84.5% by Danube Capital SRL and 15.5% by Helenos SA Belgium. Helenos is the first pan-European private investment fund launched with the support of the European Investment Fund to support inclusive financing and social entrepreneurship.