Public offering of Bigbank subordinated bonds

Subscription period has ended

Advantages Reasons to invest into Bigbank

Fast growing fully digital bank
100% Estonian bank operating in 9 countries across Europe
Low cost base and effective operations

CONDITIONS Information about subordinated bonds offering

Bond conditions
Bond name
EUR 7.00 BIGBANK ALLUTATUD VÕLAKIRI 24-2034
Subscription period
From 10:00 (Tallinn time) on 14 May 2024 until 15:30 (Tallinn time) on 24 May 2024
Offering jurisdictions
Estonia, Latvia, Lithuania
Listing
Nasdaq Tallinn Stock Exchange
ISIN code
EE3300004340
Nominal amount
EUR 1,000
Issue volume
EUR 3,000,000, which may be increased by Bigbank up to EUR 10,000,000 until the Issue Date
Issue date and interest commencement date
29 May 2024
Maturity date
29 May 2034
Annual interest rate (fixed)
7.00% per annum (30/360)
Interest payment frequency
15 September, 15 December, 15 March, and 15 June with the first interest payment being made on 15 September 2024
Prospectus
Prospectus supplement no. 1
Prospectus summary
Final terms
Terms and conditions
Frequently asked questions
This communication is an advertisement for the purposes of the Prospectus Regulation (EU) 2017/1129 and is not meant for distribution in the United States or any other jurisdiction where it would be unlawful. Before making an investment decision, you should read the prospectus approved by the Estonian Financial Supervision Authority (the “EFSA”), its second series summary, bond terms and conditions and final terms for second series in order to fully understand the potential risks and rewards associated with the decision of investing into unsecured subordinated bonds of Bigbank AS (the “Issuer”) and consult with an expert if necessary. The bonds of the Issuer are offered publicly only in Estonia, Latvia and Lithuania. The prospectus together with prospectus supplement is available on the websites of the Issuer investor.bigbank.eu and the EFSA at www.fi.ee respectively. The approval of the prospectus by the EFSA should not be understood as an endorsement of the bonds.
Schedule
14/05/2024
Start of the subscription period
27/05/2024
Announcement of results
30/05/2024
Trading begins
 
 
 
 
 
 
24/05/2024
End of the subscription period
29/05/2024
Settlement date
29/05/2034
Redemption date
 
14/05/2024
Start of the subscription period
 
24/05/2024
End of the subscription period
 
27/05/2024
Announcement of results
 
29/05/2024
Settlement date
 
30/05/2024
Trading begins
 
29/05/2034
Redemption date

For Estonian tax resident individuals Application for postponing tax payments

I have read Bigbank AS Customer Data processing principles and understand processing of my personal data in accordance with those principles. Please inform us of any changes in your contact information via info [email protected].

Bank's main figures

Bank's main figures

Explore Bigbank Group's financial performance over recent years with interactive graphs, highlighting our growth trajectory and financial stability.

€2,291m

Total assets

 
2017-2023

€248m

Equity

€1,679m

Loan portfolio

 
2017-2023

~151k

Number of customers

€1,937m

Deposits

 
2017-2023

494

Employees

Financial reports

Bigbank publishes consolidated quarterly interim reports and annual reports in accordance with the financial calendar available on this website's announcements subpage.

PUBLIC INTERIM REPORTS

FAQ Common questions about the public offering

Why Bigbank is offering subordinated bonds?

Who can participate in Bigbank's subordinated bond issue?

Where can I subscribe Bigbank bonds?

If I subscribe the bonds, do I need to have a valid LEI (Legal Entity Identifier) code?

What is the nominal value of the bond and how much are the interest payments?

What is the volume of the offering?

What happens if there are more subscribers than bonds offered?

Are Bigbank subordinated bonds listed on the stock exchange and can I trade them?

Do I have to wait 10 years for the bond principal to be repaid?

Can I subscribe to Bigbank subordinated bonds from an investment account or pension investment account (relevant only to Estonian investors)?

Do I have to pay income tax on interest payments?

Where and when can I see how many bonds I received?

Where can I find more information?

How can we help?