Inbank AS Plans to Issue Subordinated Bonds
Inbank AS plans to issue subordinated bonds in the total volume of up to 8 EURm with a redemption term of 10 years and with the issuer having premature redemption right after 5 years.
The bonds are intended to be listed on the Nasdaq Tallinn Stock Exchange by the end of 2019.
The terms and schedule of the bond issue are subject to the approval of the Estonian Financial Supervision Authority.
Inbank is a consumer finance focused digital bank active in the Baltics and Poland with additional deposits accepted in Germany, Austria and the Netherlands.
Inbank has over 1,700 active partners and 519,000 active contracts. Inbank bonds are listed on the Nasdaq Baltic Stock Exchange.
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