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.

Linked Experts

Person Item Background
Gerli Kivisoo
Partner / Estonia