Inbank successfully completed a public offering of subordinated bonds, with 935 investors subscribing to a total of 21.6 million euros, oversubscribed 4.3 times. The initial issue volume of 5 million euros was increased to 8 million euros. Bonds have a nominal value of 1,000 euros, 6.25% interest rate, and a 10-year maturity. Allocation principles were set, with employees, shareholders, and institutional asset managers receiving 62% of subscriptions exceeding 2,000 euros. Inbank CEO Priit Põldoja expressed gratitude for investor trust, emphasizing the bonds’ role in strengthening the capital base and supporting growth initiatives. Bonds will be listed on the Nasdaq Tallinn Stock Exchange.

Read more at GlobeNewswire: Outcome of Inbank Subordinated Bond Subscription