Bigbank AS bond public offering
Ellex partner in Estonia Gerli Kivisoo and Kadi Sink advised Bigbank AS on the public offering of its shares.
From January 31, 2023, 10:00 EET Bigbank AS bonds public offer subscription process is launched. The Subscription process closing date is February 10, 2023, 15:30 EET.
Up to 5 000 bonds are being publicly offered to investors in Latvia, Lithuania and Estonia. The offer price is 1000 EUR per one bond which is equal to the nominal value of a bond. The interest rate of the bonds is 8% per annum. In case of over-subscription, Bigbank has the right to increase the volume of the offering by up to 10,000 bonds and the offering may also be decreased by the amount unsubscribed.
![](https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2022/10/phil-desforges-ow1mml1soi0-unsplash-scaled.jpg?func=crop&w=375&h=450 375w, https://ciepisyfya.cloudimg.io/https://ellex.legal/wp-content/uploads/2022/10/phil-desforges-ow1mml1soi0-unsplash-scaled.jpg?func=crop&w=750&h=900 750w)
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