The bonds of Integre Trans are now on the Nasdaq Baltic First North Market
The bonds issued by Integre Trans, a transport and logistics company, have been admitted to trading on the Nasdaq Baltic First North market by Nasdaq Vilnius as of today.
Ellex in Lithuania advised the company on the bond offering and public listing.
The size of the Integre Trans bond issue is EUR 4 million. The bonds’ maturity date is May 5, 2026. They have a nominal value of EUR 1,000 each and an annual coupon rate of 12% plus 6-month EURIBOR. Interest is paid semi-annually. Proceeds of the issue will be used to finance new expansion projects and working capital.
Integre Trans’s successful first bond issue will provide the company with the capital it needs to finance its operations and growth plans.
We are delighted to be a strategic part of this highly successful project. We thank the client for its trust in our team of legal professionals and for the opportunity to contribute to Integre Trans’s ambitious plans to develop transport and logistics services in Europe
says Eglė Neverbickienė, an associate partner at Ellex in Lithuania. Ellex`s project team consisted of Ms. Neverbickiene and associate Ms. Eglė Radvilaitė.
Integre Trans is a transport and logistics services company with branches in Lithuania and companies in Germany, France, and Poland. The company has a diversified portfolio of clients and works with a wide range of sectors: food and beverages, pharmaceuticals, retail and wholesale trade, industry, manufacturing, chemicals, and more. The main export markets for its services are in Western Europe: Germany, France, the Benelux countries, Italy, Spain, and the United Kingdom.