Market announcement
Bigbank AS
LEI code
5493007SWCCN9S3J2748
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Credit institution
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
1714
Submission date and time
18.07.2008 14:50:15
Content of announcement in Estonian
Title
BIG emiteeris 4,5 miljoni euro väärtuses võlakirju
Message
Balti Investeeringute Grupi Pank AS (BIG) emiteeris 18. juulil 2008 suunatud emissioonina kokku 90 võlakirja nominaalväärtusega 50 000 eurot, kogusummas 4,5 miljonit eurot (70,4 miljonit krooni). Võlakirjade intressimäär on 11,75% aastas ja lunastamistähtaeg 3. juuli 2009. Emissiooni korraldaja oli Balti Investeeringute Grupi Pank AS, makseagent oli Hansapank. Võlakirjaemissioonist laekuvaid vahendeid kasutab BIG laenutegevuse finantseerimiseks. Balti Investeeringute Grupi Pank on Eesti kapitalil põhinev pank, olles Baltimaade üks suurimaid eraisikutele laenu andmisele spetsialiseerunud finantsasutusi. 2008. aasta I kvartali lõpu seisuga andis BIG tööd 504 inimesele, ettevõttel oli kolmes Balti riigis kokku 41 esindust. Lisainfo: Piret Raudsepp Finantsjuht Tel: + 372 735 0923 E-mail: [email protected]
Content of announcement in English
Title
BIG issued bonds in the amount of 4.5 million euros
Message
Today, on July 18, 2008, Balti Investeeringute Grupi Pank AS (BIG) issued 90 bonds with nominal value of 50 000 euros each in the total amount of 4.5 million euros (70.4 million kroons) through a private placement. The interest rate of the bonds is 11.75% per annum and maturity date is July 3, 2009. The arranger of the bond issue was Balti Investeeringute Grupi Pank AS and payment agent was Hansapank. The proceeds of the bond issue will be used for financing BIG's loan activities. Balti Investeeringute Grupi Pank AS is a bank operating based on local capital being one of the largest financing institutions in the Baltics specialised on lending to private individuals. As of the end of Q1 2008 BIG had 504 employees, the company had 41 offices in the three Baltic countries. Additional information: Piret Raudsepp CFO Phone: +372 735 0923 e-mail: [email protected]