Signet Bank AS Antonijas street 3, Riga, LV 1010, Latvia
Phone: +371 67 080 000 Fax: +371 67 080 001 E-mail: [email protected]
Monday to Friday 9:00 a.m. – 17:30 p.m
As the leading provider of self-service premium coffee and convenience food solutions in the Baltics, Coffee Address Holding serves over 5,000 blue-chip companies across various sectors.
The Group operates in three primary segments: Vending (52% of revenue), Commercial (29%), and Office Coffee Solutions (19%). Additionally, a new Food Solutions segment is under development, with successful pilot projects demonstrating its potential.
The Vending segment, which generates revenue from over 5,600 strategically placed machines, benefits from stable coffee demand, even during economic downturns. The Commercial segment serves high-traffic locations such as gas stations and convenience stores, while Office Coffee Solutions provides premium coffee services to corporate clients.
The Group’s strong supplier relationships and focus on operational efficiency—enhanced by digital processes and AI-optimized routing—set it apart in the market.
Since 2017, Coffee Address has achieved a compound annual growth rate (CAGR) of 28%, driven by a combination of successful M&A transactions and organic growth.The proceeds from the bond issue will support the Group’s growth strategy, including investments in expanding the Food Solutions segment in the Baltics and funding M&A transactions in the CEE region.
More information:
https://signetbank.com/wp-content/uploads/2025/02/CAH-teaser-EN.pdf
Presentation:
https://signetbank.com/wp-content/uploads/2025/02/2025-02-14-Coffee-Address-Investor-presentation.pdf
SIA Coffee Address Holding
Unsecured (guaranteed) notes
Private placement
Corporate guarantee from Coffee Address SIA, Coffee Address UAB, Coffee Address OU
EUR 5,000,000
8.50%
Quarterly
3 years
Maturity date, bullet
Year 1 – no call Year 2 – @102% 6 months before maturity – @100%
Change of Control – @101%
EUR 1,000
EUR 100,000
Listing on Nasdaq Riga First North within 6 months after the Issue Date
General corporate purposes: financing of M&A activities and other investment projects
Equity ratio of min 30% Net Debt / EBITDA of max 3.5x DSCR of min 1.1x
Signet Bank AS
ZAB COBALT SIA
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