Bonds underwriting

Advantages of bonds

Bonds may be unsecured or backed with collateral of a lower priority, subordinated to the lending bank

No amortisation schedule for the principal amount, which provides the issuer with a cash flow relief during the investment period

Access to a significant amount of financing that a single bank is not ready to issue

Opportunity to promote public recognition of the company

Diversification of the investor base – less dependence on a single creditor

Flexible, business-tailored transaction structure

Liquidity as a financial instrument

Bond issue carries no dilution risk for the shareholders as opposed to equity issue

Also, many bond issuers acknowledge that their exposure to capital markets has helped them:

• Attract new employees
• Negotiate better terms with banks
• Secure better deal conditions with suppliers and partners

Investors

Typical corporate bond issue terms in the Baltics

Signet Bank is a:

• Participant of Nasdaq CSD (Depositary)
• Member of Nasdaq Baltic (Stock Exchange)
• First North Certified Adviser

Transaction history

Signet Bank Capital Markets Team

Kristiāna Janvare, CFA
Head of Investment Division
E-mail: [email protected]

Edmunds Antufjevs
Head of Corporate Finance
E-mail: [email protected]