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