Project Notice |
|
PNR | 64341 |
Project Name | Siauliu Bankas international bonds |
Project Detail | Location: Lithuania Project number: 55454 Business sector: Financial institutions Notice type: Private Environmental category: FI Approval date: 24 Jul 2024 Status: Signed English-language PSD published: 06 Sep 2024 EBRD invested EUR 23 million in senior preferred bonds placed by Siauliu Bankas AB (SB) as part of EUR 300 million inaugural international issuance listed on Euronext Dublin stock exchange. The bonds have a 4.25-year remaining maturity with a call option in 3.25-year time. Project Objectives The project supports the strengthening of SBs climate practices and the resilience of a systemically important institution in Lithuania and contributes to the capital market development in the country. The project also aims to support green economy in Lithuania. |
Funded By | European Bank for Reconstruction and Development (EBRD) |
Sector | Forestry |
Country | Lithuania , Northern Europe |
Project Value | LTL 300,000,000 |
Contact Information |
|
Company Name | SIAULIU BANKAS AB |
Web Site | https://www.ebrd.com/work-with-us/projects/psd/55454.html |