Riga / Vilnius / Tallinn, Nasdaq Baltic Market, October 30, 2026 – Nasdaq (NDAQ) announces that that bonds issued by MyCredit have been admitted to trading on the Nasdaq Baltic First North market by Nasdaq Riga as of today.
The size of the bond issue is EUR 10 million. The bonds have a nominal value of EUR 1,000 each and carry an annual coupon rate of 8%, with coupon payments made monthly. The bonds mature on May 29, 2028.
“Every new issuer strengthens the Latvian capital market by bringing new opportunities for investors and showing other companies what the market can offer. We are pleased to welcome MyCredit to First North and see another Latvian company using the bond market to support its ambitions for further growth,” said Liene Dubava, CEO of Nasdaq Riga.
“We are grateful to our investors for the trust they have placed in us through the MyCredit bond offering, and we are pleased to have joined the Nasdaq First North bond market. The funds raised are supporting the further growth of our loan portfolio, while we remain committed to the disciplined, real estate-secured approach that has defined the Company for over 21 years. We look forward to building a long-term relationship with our bondholders,” said Marks Peisahovičs, Chief Executive Officer at MyCredit.
MyCredit is a licensed non-bank lender in Latvia, established in 2005 and specializing in business loans, consumer loans and lines of credit, all of which are secured by real estate. The Company’s net loan portfolio exceeds EUR 21 million. MyCredit operates with a loan-to-value ratio of 44%, while less than 1% of issued loans have been written off over 21 years of operations.
Nasdaq (NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at nasdaq.com.
Nasdaq Baltic represents the common offering of the Nasdaq Tallinn, Nasdaq Riga, Nasdaq Vilnius securities exchanges as well as Nasdaq CSD. Read more: nasdaqbaltic.com.
Media Contacts:
Sanita Gailāne
Marketing and Communications Manager
Nasdaq Riga
sanita.gailane@nasdaq.com
+371 25277733