Inbank issued 40 new unsecured bonds in total amount of 10 million euros. The investment has been made by Swedbank’s pension funds via a private placement.
The bonds have an interest rate of 1.35 percent and maturity of 10 months.
The funds will be used to finance the purchase of 100% of the shares and to refinance the obligations of UAB Mokilizingas.
The issue of new bonds does not affect the terms of previously issued bonds.
Additional information:
Priit Põldoja
Inbank AS
Chairman of Supervisory Board
+372 502 4942
priit.poldoja@inbank.ee