About the planned bond issue
BluOr Bank AS informs about the planned bond issue
On 25 March 2024, the extraordinary meeting of shareholders of BluOr Bank AS adopted a decision on the arrangement of BluOr Bank AS bond issue, anticipating that, BluOr Bank AS will issue bonds that qualify as Additional Tier 1 instruments with a total volume of up to EUR 3 million.
The funds obtained are intended to be used to promote the growth of the loan portfolio.
About BluOr Bank:
BluOr Bank AS is a privately owned commercial bank of Latvia. The Bank was established in 2001. BluOr Bank AS provides a full range of banking services: daily banking services for corporate and individuals, loans to small and medium-sized companies, asset management and brokerage services.
According to the Bank’s strategy, the main business segment is corporate banking with a focus on small and medium-sized companies and corporate lending.
Additional information: https://www.bluorbank.lv
Ingrīda Šmite Head of Corporate Communication and marketing department BluOr Bank Ph.: +371 67 034 257 pr@bluorbank.lv ingrida.smite@bluorbank.lv www.bluorbank.lv
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