The bond issue saw very large interest from both institutional and private investors, with total demand for the bonds reaching EUR 9.2 million, exceeding the bond issue size by 84%. Overall, 37 investors participated in the bond offering, with institutional investors and private investors contributing 61% and 39% of the demand, respectively.

“We are honored by the trust and confidence our investors have placed in us. The strong interest in this issuance highlights our solid track record and strategic vision. We are fully dedicated to executing and delivering on the Group's growth strategy,”says Viktorija Meikšāne, CEO of SIA Coffee Address Holding: 

“As a clear market leader, Coffee Address Holding bonds attracted significant interest from both institutional and private investors, who appreciated the company’s strong operational and financial track record, professional management team and well-developed growth strategy. Coffee Address Holding offers another example how companies can successfully use bond financing to support their growth plans and diversify their funding structure,” says Kristiāna Janvare, the Managing Director of Investment Banking of AS Signet Bank.

SIA Coffee Address Holding bonds have a maturity of 3 years and coupon rate of 8.50%. The issue date for the bonds is 28 February 2025, and the company plans to apply for listing of the bonds on Nasdaq Riga First North shortly after the issue date. Proceeds from the bond issue will be used to support the Group’s growth strategy, including investments into rolling out food solutions in Baltics and M&A transactions in the CEE region.

AS Signet Bank acted as the Arranger in the bond offering, while legal advice was provided by ZAB COBALT SIA.