Notice of Issuance of LHV Group’s New Tier 1 Subordinated
From GlobeNewswire: 2025-04-25 09:06:00
LHV Group issued 50,000,000 euros worth of Tier 1 subordinated unsecured bonds with a coupon rate of 9.5% per annum, first call date on 30.04.2030, and perpetual maturity. European investment funds and British investors were major participants, with Baltic investors accounting for 38% of the total volume. The Group also announced the early redemption of 15,000,000 euros worth of subordinated bonds issued in 2020, with bondholders receiving EUR 102,375 per bond. LHV Group is Estonia’s largest financial group with key subsidiaries like LHV Pank and LHV Kindlustus, serving over 465,000 banking clients and managing 113,000 pension fund customers.
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