By Susanna Moon
Chicago, Oct. 5 – AS LHV Group said it plans a public offering of 6˝% 10-year subordinated bonds.
LHV offers publicly up to 10,000 subordinated bonds at par of €1,000 each with an over-allotment option, for up to 15,000 subordinated bonds, according to a company press release.
The subscription period will run until Oct. 26.
The transfer of the subordinated bonds to investors’ securities accounts will occur on Oct. 29 and listing of the bonds for trading has been set for Nov. 2.
LHV Group is a holding company that through its subsidiaries offers banking, security brokerage, financial advisory, and finance leasing and other lending services. The company is based in Tallinn, Estonia.
| Issuer: | AS LHV Group
|
| Issue: | Subordinated bonds
|
| Amount: | €10 million (maximum)
|
| Maturity: | Oct. 29, 2025
|
| Coupon: | 6˝%
|
| Price: | Par
|
| Announcement date: | Oct. 5
|
| Settlement date: | Oct. 29
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
