Autonom Mobility Services – Sustainability-Linked Bond (Romania)

The Bank participated with EUR 9 million in its first sustainability-linked bond, issued by Autonom, the largest Romanian car leasing and rental company. The private placement totals EUR 30 million, with BSTDB participating as an anchor investor.

Autonom is the largest mobility network in Romania with 52 agencies in 38 cities. It offers a wide range of integrated mobility solutions and is among the top three players by revenue in its main activity sectors: operational leasing and car rentals. As part of its sustainability strategy, Autonom aims to reduce by 55% the CO2 emissions intensity of its car fleet by 2030, contributing to Romania’s green transition and the global fight against climate change.

The proceeds from BSTDB’s investment will support Autonom’s broad sustainability initiatives, including expanding its car fleet to better serve local businesses, while reducing emissions. The bond issuance also strengthens Romania’s capital markets by diversifying financing instruments for private sector companies with a strong environmental focus.

The bond proceeds will finance Autonom’s efforts to expand its car fleet to meet increased demand from local business, while reducing its carbon footprint. Thus, the bond fosters environmentally friendly growth, in line with company’s sustainability strategy aiming to cut the operating fleet’s carbon emissions. By participating in the bond issue, the Bank supports Autonom in pursuing its long-term sustainability endeavours.

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2024 11 20 Autonom