Citadele banka AS successfully issued EUR 300 million of senior preferred unsecured bonds in international capital markets.  

The transaction attracted exceptionally strong interest from institutional investors across the globe, including asset managers, investment funds, insurers, supranational institutions, and banks. Nearly 200 investors participated, with total demand reaching EUR 2.7 billion—exceeding the targeted amount by more than nine times ahead of final pricing. 

The bonds will be listed on the regulated market of Euronext Dublin.  

COBALT Banking and Finance team including Partner Edgars Lodziņš and Senior Associate Krišjānis Bušs provided legal assistance to Citadele banka in connection with the issuance of bonds.  

Citedele banka announcement