Change of L. J. LINEN bond coupon rate from 31 March 2023L. J. LINEN announces the change of coupon rate of the floating-rate bond effective from 31 March 2023.
The new coupon rate for bonds listed on Nasdaq First North is as follows:
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LINENFLOT24FA, maturity in December 2024, coupon rate for period from 31 March 2023 until 29 June 2023 (including) is now 12.990%.
The previous coupon rate for the bonds listed on Nasdaq First North was the following:
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LINENFLOT24FA, maturity in December 2024, coupon rate for period from 14 December 2022 until 30 March 2023 (including) was 11.993%.
About L. J. LINEN:
LINEN is a family-owned business in its second generation with 100% Latvian capital operating in the industry for almost 30 years, providing customized agro-product trading chains to meet customer needs. SIA L. J. LINEN's revenue in 2022 was close to 43 million euros, with the largest earnings coming from wholesale trade in animal feed components, but also seeing increased revenue from wholesale trade in finished products and intermediary services. Currently, LINEN employs 36 people at its Latvian office, which coordinates the group's operations worldwide. Meanwhile, LINEN Group also has agents and representatives in Latin America, Europe, Asia, and Africa, in a total of 46 countries.
Monta Tija Brakovska
SIA “L. J. LINEN”
Treasury manager
Phone: (+371) 29942431
Email: monta.brakovska@ljlinen.com
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