Riga/Vilnius/Tallinn, Nasdaq Baltic Market, 4 February 2026 – Nasdaq (NDAQ) announces that the bonds issued by CleanR Grupa, Latvia's leading environmental services group, have been listed on the Nasdaq Baltic Bond List by Nasdaq Riga as of today.
The bond issue amounts to EUR 15 million, with each bond having a nominal value of EUR 1000. The bonds carry a fixed annual coupon rate of 6.5%, with quarterly payments, and will mature on November 14, 2029.
The bonds are listed after a public offering. Demand reached EUR 37.8 million, resulting in the base amount being oversubscribed by 2.5 times.
"Three years after joining First North, CleanR Grupa has confidently progressed to the Nasdaq regulated market, marking a new stage of corporate maturity. CleanR Grupa’s commitment to a cleaner, more modern, and more sustainable Latvia has resonated strongly with investors. We congratulate the company on this milestone and celebrate another Latvian business that sees the capital market as an opportunity for both its own growth and the benefit of society," said Liene Dubava, CEO of Nasdaq Riga.
“CleanR Grupa has been listed on the stock exchange since 2023, and at the end of last year, the Group’s management also rang the Nasdaq Stock Market Closing Bell in New York, Times Square, marking the best investor relations assessment. Today’s Bell Ceremony signals the shift to next level; we are now participants of the regulated market. The high demand for the Group’s bonds is a vote of confidence in our development vision. Our ambition is to build a modern environmental and waste management infrastructure in our country. This vision is based on people – almost 2,000 professionals whose work every day contributes to the overall growth of the Latvian economy,” says Guntars Kokorevičs, Chairman of the Supervisory Board of CleanR Grupa.
“We are implementing the vision practically: investing in sorting and recycling capacity, digitalizing processes, renewing the fleet with low-emission solutions, and strengthening the quality of services throughout Latvia. This result is ensured by our team – professionals at the front row of our fleet, in production plants, and in the office. The goal is measurable: more recycling, fewer landfills, and faster, more transparent service for our customers. Appreciation to investors for your trust – we will convert capital into practical work and a tangible impact on the environment and the economy,” explains Juris Gulbis, Chairman of the Management Board of CleanR Grupa.
About CleanR Grupa
CleanR Grupa operates the leading companies in Latvia's environmental services sector. The Group includes the municipal waste management company CleanR, the industrial, construction, and demolition waste management company CleanR Verso, the hazardous and medical waste management company Lautus, the waste recycling company CleanR Industry, the producer responsibility system company Zaļā josta, the commercial premises cleaning company Vizii, the urban environment service company Vizii Urban, and the regional environment service companies KOM-Auto and Tranzīts L. The Group’s companies serve more than half a million Latvian residents daily.
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