By Tali Rackner
Norfolk, Va., Sept. 15 – AS Pro Kapital Grupp said it issued €300,000 5% five-year unsecured nonconvertible bonds.
The subscription period ran from Sept. 4 through Sept. 12, as previously announced.
The company’s management board decided on Sept. 4 to offer for subscription 30 bonds, each bond with nominal value of €10,000. The minimum investment amount was €100,000.
Pro Kapital Grupp is a Tallinn, Estonia-based real estate development company with a focus on modern large-scale commercial and residential real estate in the capitals of Estonia, Latvia and Lithuania.
Issuer: | AS Pro Kapital Grupp
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Issue: | Unsecured nonconvertible bonds
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Amount: | €300,000
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Maturity: | Five years
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Coupon: | 5%
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Price: | Par of €10,000
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Yield: | 5%
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Pricing date: | Sept. 4
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Settlement date: | Sept. 15
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