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Published: 2024-09-04 15:36:06 CEST
BluOr Bank
Inside information

BluOr Bank invites to join its webinar on September 10th regarding the the upcoming public bond offering

BluOr Bank invites investors and all interested parties to participate in a webinar organized by the bank regarding the planned subordinated bond issuance. The webinar will take place on Tuesday, September 10, at 10:00 AM (Baltic time).

To sign up for the webinar, please use the following link: https://nasdaq.zoom.us/webinar/register/WN_nV4x_uMJSImNLPEZkelkTA. After filling in the application form, you will receive a link to the webinar to your specified e-mail.

The webinar will be hosted by Pauls Miklasevics, BluOr Bank Chief Investment Officer (CIO). During the webinar attendees will be introduced to the Bank’s financial results, its strategy and development plans, as well as the  public bond offering. After the presentation attendees will have a chance to ask their questions to the Bank’s representatives. 

You are welcome to send in your questions to the company until  September 9 till 2 PM to the e-mail: ieva.unda@nasdaq.com or submit them through the registration link above. The webinar will be held in English.

 

About the Bond Offering

BluOr Bank is offering investors in Latvia, Estonia, and Lithuania the opportunity to purchase subordinated bonds. The total planned issuance volume is EUR 30 million, divided into several tranches. Conditions of the first tranche: 10% fixed annual interest rate, the nominal value of the bonds is EUR 1,000, with interest payments made quarterly.

The subscription period will run from September 9 to September 27.

The Base Prospectus for the subordinated bond issuance is published on the bank’s website in the Investors section under Documents

 

 

About BluOr Bank:

BluOr Bank AS is a privately owned commercial bank of Latvia. The Bank was established in 2001. BluOr Bank AS provides a full range of banking services: daily banking services for businesses and individuals, loans to small and medium-sized companies, asset management and brokerage services.

According to the Bank’s development strategy, the main business segment is corporate banking with a focus on small and medium-sized companies and corporate lending.

Additional information: https://www.bluorbank.lv

 

         Aleksandrs Kņazevs
         Compliance Control Department Lawyer
         Tālr. +371 29187610
         e-pasts: aleksandrs.knazevs@bluorbank.lv
         
         Nataļja Fokina
         Chief Financial Officer
         Phone: +371 26424732
         E-mail: natalja.fokina@bluorbank.lv