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Šiaulių Bankas lists new bonds on Nasdaq Vilnius, total value hits €210 million

EditorAmbhini Aishwarya
Published 27/11/2023, 08:34
Updated 27/11/2023, 08:34
© Reuters.

VILNIUS - Šiaulių Bankas AB has successfully listed a new series of bonds valued at €50 million on the Nasdaq Vilnius regulated market as of Friday. This listing is part of a larger bond issue that has reached a total value of €210 million, now available for trading on the Nasdaq Baltic platform.

The recent financial move by Šiaulių Bankas marks a significant addition to its existing bond offerings. As of today, the complete bond issue, which aggregates to €210 million (EUR1 = USD1.0947), has commenced trading. This development provides investors with new opportunities to invest in the bank's tradable bonds.

The admission of these additional bonds to the regulated market was facilitated by Nasdaq Vilnius' decision on Friday. The listing and trading of these bonds are expected to enhance the bank's visibility among investors and provide it with a more diversified funding base.

The successful listing of Šiaulių Bankas AB's bonds reflects the bank's ongoing efforts to expand its financial instruments and engage with a broader investor base through the Nasdaq Baltic market's regulated platform.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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