Eleving Group Launches Bond Tap Offering

On March 3, 2025, Eleving Group hosted an Investor Call led by CEO Modestas Sudnius and CFO Maris Kreics. The call discussed the company's current public bond tap offering, financial performance, and future plans. The full recording and presentation are available online.

Launched on February 19, Eleving Group's bond tap offering expands its existing 2023/2028 Eurobonds by EUR 50 million. The bonds, listed on Nasdaq Riga and Frankfurt Stock Exchange, aim to reach a total of EUR 100 million. The issuance includes a 13% annual coupon rate, with offerings available to investors in Latvia, Estonia, Lithuania, and Germany until March 7.

This initiative allows a minimum investment of 10 bonds, each priced at EUR 109, and a nominal value of EUR 100. The bonds mature on October 31, 2028, with an expected yield of around 10%.