Admiral Markets Aims to Raise €5 million via Bond Sale
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Admiral Markets Aims to Raise €5 million via Bond Sale
Estonian brokerage Admiral Markets AS has announced that it is preparing a bond issuance. The company will place a public offering of unsecured subordinated bonds at an interest rate of 8 percent per annum.
The firm will place the issue in the Baltics. It will be available to both institutional and retail investors with 50,000 bonds at a nominal price of €100 per bond available. Investors willing to participate in the sale have to subscribe between the 8th and the 19th of December.
Elaborating on the sale, the CEO of Admiral Markets AS, Sergei Bogatenkov said: “Admiral ... (read more)
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