BluOr Bank AS issues additional tier 1 notes
BluOr Bank AS successfully issued 2,349 notes with a total value of 2,349,000 EUR and a nominal value of 1,000 EUR each as part of BluOr Bank additional tier 1 temporary write-down notes 2024 (ISIN code: LV0000803062). There is no specified maturity date for the notes.
Fourteen investors have subscribed to the first-tier additional capital write-down notes totalling 2,349,000 EUR with an annual yield of 11,11%.
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
Ingrīda Šmite
Head of Corporate Communication and marketing department BluOr Bank
Ph.: +371 67 034 257
pr@bluorbank.lv
ingrida.smite@bluorbank.lv
www.bluorbank.lv
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