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2016-11-23

Promoting Securities in the Baltics

Securities in the Baltics

The Baltic States have all the conditions for businesses to develop with
greater success by attracting financing through a bond issue. However,
entrepreneurs are somewhat slow to adopt this alternative approach to corporate
financing. It is important to comment on the accomplishments that companies
have had with this financial instrument, notes J?nis Dubrovskis, head of the
Investment Origination Department at Baltikums Bank.

It is also important that we improve the service itself. Today, Baltikums Bank
is one of just a few banks in the Baltics that organises issues of corporate
bonds. Over the course of six years, it has contributed a lot to developing the
financial instrument in order to make business development more accessible and
effective in a variety of industries.

Baltikums Bank has just arranged two new issues of bonds on the regulated
market – in late October, AS “ELKO Grupa” registered a base prospectus for a
public offer of bonds totalling 50 million euros, while SIA “ExpressCredit”
booked an issue worth 5 million euros.

To facilitate a deeper understanding of this crucial financial instrument – and
to promote issuers and their securities – Baltikums Bank experts have developed
a specialised website: www.highyield.eu. It provides a summary of the latest
offers on the Baltic stock market and presents useful, easy to understand
information for novice investors.

The new website is available in English, Latvian and Russian, and targets
small, medium and large investors in Latvia, Lithuania and Estonia that are
looking for new investment opportunities.

“Businesspeople need to understand how important an issue of bonds is for
facilitating a company’s development, so we are happy to advise them: we
acquaint potential issuers with market standards and regulations and ultimately
help them find the best solution for attracting funding”, the investment
origination professional comments on his experience. “All issue prospectuses
published on highyield.eu have been registered with the Financial and Capital
Market Commission of the Republic of Latvia and included on the Nasdaq Riga
Baltic Bonds List. This is a mark of investment quality, a certain standard
that differentiates these vehicles from well-known platforms like Twino and
Mintos”, Dubrovskis notes.

Baltikums Bank specialists have originated more than 30 closed and public
issues by attracting a range of investors: banks, pension and investment funds,
high net worth individuals, and casual investors. J?nis Dubrovskis was honoured
with the 2014 Nasdaq Baltic Award for his year-long contributions to developing
the corporate bond market in Latvia, expanding the range of investment
opportunities available to private and institutional investors.

Issuers:

ELKO Grupa is a leading wholesaler of IT products, provider of solutions and
services within the Eastern Europe region. Founded in 1993, ELKO represents
over 90 IT producers, selling their goods to more than 7000 retailers, local
computer builders and systems integrators.

ExpressCredit is a licensed nonbank lender established in 2009. ExpressCredit
operates 95 branches under the Banknote brand in 38 major cities and
residential areas throughout Latvia.

Ingr?da Šmite
Baltikums Bank AS
Head of the Public Relations and Communication Department
ingrida.smite@baltikums.eu

Författare SSE

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