Programme ’25 | Series 1, Tranchace 1 | 3.576% 5 years Bonds
| Number of listed securities | 70 000 |
| Nominal (EUR) | 1 000 EUR |
| Issue value (EUR) | 70 000 000 EUR |
| Yield (%) | 3.576 |
| Maturity date | 30.05.2030 |
| Next coupon payment date | 30.05.2026 |
NOT TO BE RELEASED, PUBLISHED OR DISTRIBUTED IN WHOLE OR IN PART IN OR INTO OR TO ANY PERSON LOCATED IN OR RESIDENT IN SUCH COUNTRIES OR JURISDICTIONS IN WHICH IT WOULD BE UNLAWFUL OR REQUIRE MEASURES OTHER THAN THOSE REQUIRED UNDER LATVIAN LAWS, INCLUDING THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, HONG KONG, SOUTH AFRICA, SINGAPORE, RUSSIAN FEDERATION AND BELARUS. THIS ANNOUNCEMENT IS ALSO NOT ADDRESSED TO RETAIL INVESTORS IN THE EUROPEAN ECONOMIC AREA.
NASDAQ “ALTUM achieves its largest bond issuance to date”.
On May 23, 2025, ALTUM successfully issued 5-year bonds totaling EUR 70 million with a fixed annual interest rate of 3.576%. This marks the first issuance under ALTUM’s fourth bond issue programme, which has a total value of EUR 120 million. In comparison, a week earlier the Republic of Latvia issued a new 5-year Eurobond in the amount of EUR 1 billion with a yield of 2.971% which was 0.605% below the level achieved by ALTUM.
The bond issue garnered significant interest from Baltic institutional investors. Overall, 18 institutional investors participated in the bond offering, including Nordic Investment Bank. The allocation of the issued volume was as follows: 69% to asset management funds, 14% to Nordic Investment Bank, 13% to banks, and 4% to insurance companies. Geographically 43% of the bond was allocated to Latvian investors, 32% to – Lithuanian, 11% to – Estonian and 14% to investor based in Finland.
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