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Published: 2023-09-21 13:05:22 CEST
Storent Holding
Inside information

Storent Holdings invites to join webinar about its public bond offering

Insider information, 2023-09-21 13:05 CEST --  

Leading Latvian and one of the largest Baltic construction equipment rental companies Storent Holdings invites to join the webinar about company’s public bond offering which will be open to both retail and institutional investors. Webinar will take place on September 27 at 4 PM Riga time.

Webinar will be hosted by Andris Pavlovs, co-founder of Storent and Chairman of the Board member of Storent Holdings, and Baiba Onkele, CFO of Storent Holdings, who will provide an overview of the company and its growth story. Additional information about the upcoming bond offering will be provided by Jānis Dubrovskis, representative of Redgate Capital, the Sales agent of the bond offering.

To sign up for the webinar, please use the following link: https://nasdaq.zoom.us/webinar/register/WN_bus_CLuYR9yJVlUteoDB0w. After filling in the application, attendees will receive a link to the webinar and instructions to their e-mail. When connecting to the Zoom webinar for the first time, you will be asked to download the app.

Webinar will be held in English. After the presentation, a question and answer session will take place. Attendees are welcome to send their questions until September 26 to the e-mail ieva.unda@nasdaq.com or submit them through the registration link.

Main terms of the offering

Storent Holdings is offering 45 000 notes with a nominal amount of EUR 100 per note. The maturity date is 21 December 2025. The interest rate is 11% per annum.

The subscription is open to both institutional and private investors. The subscription period starts on 25 September and will last until 9 October, 2023, 15:30 EEST, with the results being announced on 10 October.

The new issue of notes will supplement the issue concluded in June 2023, which has already been admitted to trading on the Baltic Bond List of Nasdaq Riga.

Additional information about the public bond offering is available on Nasdaq Riga website: https://view.news.eu.nasdaq.com/view?id=ba22bc9f2e5ade346b92aab876272bd9a&lang=lv&src=listed

About Storent

Storent was established in 2008 with the goal of developing an efficient construction equipment rental company. It is the largest construction equipment company in Latvia and has one of the largest market shares in Estonia and Lithuania, with an additional market presence in Finland and Sweden. Storent currently operates a total of 26 rental depots.

Baiba Onkele
Storent Holdings CFO
Mobile: + 371 29340012


Legal disclaimer: This announcement is not an offer to subscribe for bonds. Any investment decision should be made based on Base Prospectus and Final Terms available on www.storent.com/investors.

Storent September 2023.pdf