BluOr Bank AS issued 300 notes with a total value of 300,000 euros and a nominal value of 1,000 euros each as part of Tranche No2 of BluOr Bank additional tier 1 temporary write-down notes 2023 (ISIN code: LV0000803195). There is no specified maturity date for the notes. One investor has subscribed to the first-tier additional capital write-down notes totaling 300,000 euros with an annual yield of 12%.

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 corporate and individuals, loans to small and medium-sized companies, asset management and brokerage services.

According to the Bank’s 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