Original disclosure @ IFC website
Updated in EWS Jan 30, 2023
Disclosed by Bank Jan 13, 2023
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According to the Bank’s website, the proposed project is an investment of up to US$80 million (in Euro or Romania Leu equivalent) in one or more senior unsecured bonds to be issued by UniCredit Bank S.A. in Romania (UCB). The Bank plans to raise the equivalent of EUR200 million in total, over the next twelve months, in bonds with maturities between 3 and 7 years, of which IFC would invest up to 40 percent. The proceeds of IFC’s investment would be entirely used to finance UCB's green housing portfolio.
UniCredit Bank S.A.
Head of ALM and Funding
+40 21 200 2020
Bd. Expozitiei Nr.1F, Sect 1, Bucuresti, Cod Postal 012101, Romania.
ACCESS TO INFORMATION
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ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org