Tallinn/Riga/Vilnius, Nasdaq Baltic Market, June 27, 2023 – Nasdaq (NDAQ) announces that bonds issued by Storent Holdings were admitted to trading on the Nasdaq Baltic Bond List by Nasdaq Riga as of 26th of June.
Storent Holdings raised EUR 10.5 million in the public bond offering from close to 1000 investors, the vast majority of them being private investors. The annual interest rate was determined through an auction and was set at 11%. The maturity date is December 21, 2025.
“We welcome Storent Holdings to the Baltic Bond List. It is remarkable that the company’s subsidiary, Storent Investments, has already been included in the Nasdaq’s regulated market, and now the parent company becomes a listed company as well. We are proud to see that 10 ambitious Latvian companies have raised capital at the Nasdaq Riga stock exchange during this year, and 3 of these companies have done it repeatedly,” says Daiga Auziņa-Melalksne, CEO of Nasdaq Riga.