Brief: Siauliu Bankas Successfully Places EUR 50.0 Million Note Issue

Artea bankas AB

15/10/2024 07:03

Oct 15 (Reuters) - Siauliu Bankas AB  SAB1L.VL :
    * SUCCESSFULLY PLACES EUR 50.0 MILLION NOTE ISSUE
    * ANNUAL FIXED RATE COUPON ON NOTES UP TO RESET DATE WILL BE
8.75%
    * NEAREST RESET DATE IS SET AFTER 5 YEARS
    * NOTES HAVE BEEN ALLOCATED TO ALMOST 20 INSTITUTIONAL AND
PROFESSIONAL INVESTORS MOSTLY FROM UK
    * PROCEEDS OF NOTES WILL BE USED FOR GENERAL CORPORATE
PURPOSES

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Further company coverage:  SAB1L.VL 

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