COBALT advised AB SEB bankas on ALTUM bond issue
2019 - 05 - 31
COBALT advised AB SEB bankas as arranger of EUR 70 million notes issue programme of AS Attīstības finanšu institūcija Altum (ALTUM) and issuance of EUR 15 million notes with a yield of 0.95%.
According to Altum the transaction attracted a great deal of interest from investors in Latvia, Lithuania and Estonia and the notes were oversubscribed by 13 times. The proceeds from the notes will be used for ALTUM’s funding purposes of sustainable business projects that are vital for the national economy within agriculture.