Estonia’s LHV plans up to €15 million 6% subordinated bonds due 2028

By Marisa Wong

Morgantown, W.Va., April 18 – AS LHV Group plans to issue up to €15 million of 6% subordinated bonds due Nov. 28, 2028.

The bonds will be offered at 100.483 and will be callable beginning Nov. 28, 2023.

The company will have the option to issue €5 million of additional bonds.

The bonds will be issued under the company’s €45 million bond program registered in October 2018.

The offering is slated for June.

LHV intends to use the proceeds to finance the growth of business.

LHV is a financial services company based in Tallinn, Estonia.

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