Results of the Offering of Unsecured Subordinated Bonds of
From GlobeNewswire: 2025-06-20 02:00:00
Bigbank AS recently completed its public offering of unsecured subordinated bonds, raising 6 million euros. The bonds have a fixed interest rate of 6.5% per annum and mature on June 27, 2035. The offering was met with strong demand, with subscriptions totaling 12.9 million euros, oversubscribed by more than 4 times. The Management Board decided to allocate the bonds based on specific principles, including accepting subscriptions up to 13,000 euros in full and rounding bond amounts to the closest whole number. The bonds are expected to be transferred to investors on June 27, 2025, with trading starting on June 30, 2025.
Read more at GlobeNewswire: Results of the Offering of Unsecured Subordinated Bonds of