Nasdaq (NDAQ) announces that bonds issued by AS Storent Investments (short name: STOR080020A) have been listed on the Nasdaq Baltic Bond List by Nasdaq Riga as of today, June 29, 2018.
The size of the Storent Investments bond issue is EUR 10 million. The nominal value of one bond is EUR 100. The annual coupon rate is 8% with interest paid four times a year. Maturity date of the bond issue is June 30, 2020. Financial advisor Redgate Capital and the law office Cobalt were the bond issue’s arrangers.
“We congratulate Storent Investments for this bond listing on the exchange’s regulated market. It is a pleasure to see the Baltic Bond List broadened with an offering from a new industry, giving investors the chance to now also invest in a construction and industrial equipment rental company,” says Daiga Auziņa-Melalksne, Head of Exchange Services at Nasdaq Baltic and CEO of Nasdaq Riga.