Bonds of Latvian jewelry retailer Given Jewellery debut on First North

Published date20 May 2022
Publication titleLETA

TALLINN, May 20 (LETA--BNS) - Secured bonds issued by AS Given Jewellery, a Latvian jewelry store chain, were admitted to trading on the Nasdaq Baltic First North Market by Nasdaq Riga as of Friday, May 20, Nasdaq announced.

The size of the bond issue is three million euros. The nominal value of the bonds is 1,000 euros apiece and the annual coupon rate is 6 percent, with quarterly payouts. The bonds mature on April 30, 2024.

The funds raised through the bond issue will be directed at expanding the Given Jewellery retail network in the Baltics and refinancing existing loans.

"The successful debut of Given Jewellery on Nasdaq exchange demonstrates the company's potential and trust in the eyes of investors. We wish Given Jewellery success in pursuing its growth ambitions in the Baltics," said Daiga Auzina-Melalksne, CEO of Nasdaq Riga and head of Nasdaq Baltic Market.

irts Rudzitis, management board member of Given...

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