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Published on 5/25/2021 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Estonia’s Pro Kapital to redeem 7% convertible bonds due 2021

By Marisa Wong

Los Angeles, May 25 – Pro Kapital Grupp AS plans to redeem 5,400 7% convertible bonds due 2021 (ISIN: EE3300110048) on Monday, according to a notice.

The called convertibles have a nominal value of €3,456 and an issue value of €15,120.

Payment will be made on June 8.

Pro Kapital Grupp is a Tallinn, Estonia-based real estate development company with a focus on modern large-scale commercial and residential real estate in the capitals of Estonia, Latvia and Lithuania.


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