APS Holding announces the successful completion of the bond offering issued by Avant Credit IFN, in which the interest of the qualified investors to whom the offer was addressed exclusively exceeded the initial offer value set at EUR 1,500,000.
Following strong investor demand and oversubscription relative to the initial target, the issuer decided to increase the number of bonds offered to investors. The total number of bonds issued and offered was therefore increased to 17,861, each with a nominal value of EUR 100, bringing the total nominal value of the issuance to EUR 1,786,100. The bonds are denominated in EUR, have a maturity of three years, and offer a fixed annual interest rate of 11%, payable semi-annually.
The offer was carried out through the Bucharest Stock Exchange system and was intermediated by Goldring S.A., a partner that played an essential role in structuring, promoting, and successfully executing the issuance.
“We are pleased that the APS Holding group’s strategy of entering the non-banking lending market in Romania leverages the instruments offered by the capital market, and through Avant Credit IFN, the group is carrying out its first corporate bond issuance in our country. This confirms that the Bucharest Stock Exchange has become a credible source of financing for European-scale players, and the funds raised will support an objective with direct impact on the real economy — accelerating lending to Romanian SMEs. Goldring thus continues its series of intermediation mandates for corporate bond issuances and looks forward with interest to the listing stage of the AVANT bonds on the Bucharest Stock Exchange, which will bring the issuance to the attention of retail investors,” said Virgil Zahan, CEO of Goldring, Financial Investment Services Company.
“The successful completion of this bond issuance is an important milestone for Avant Credit IFN and for APS Holding’s development in Romania. It confirms investor confidence in our strategy to build a focused, asset-backed corporate lending platform that can support the financing needs of Romanian companies. Romania has long been one of APS Holding’s key markets, and through Avant Credit IFN we want to further strengthen our local presence and provide flexible financing solutions to businesses with strong growth potential” said Martin Machoň, founder and owner of APS Holding.
In the immediate period ahead, Avant Credit IFN S.A. will initiate the process of listing the bonds on the Multilateral Trading System of the Bucharest Stock Exchange, under the ticker symbol AVANT29E. Following admission to trading, the bonds will become accessible to all categories of investors.
Following the acquisition of Avant Credit IFN by APS Holding in 2025, the company adopted a new strategic development direction, focused on strengthening its position as an asset-backed corporate lending platform, dedicated to addressing increasingly complex and diversified financing needs.
As part of this transformation, Avant Credit IFN S.A. is redefining its business model and target client segment, focusing exclusively on corporate financing and on tailored, asset-backed solutions for companies with complex financing needs and growth potential. The successful completion of the issuance marks an important step in APS Holding’s strategy to develop Avant Credit IFN as a specialized corporate lending platform in Romania.