Advantages Reasons to invest in 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 6.50 BIGBANK ALLUTATUD VÕLAKIRI 24-2034 |
Subscription period | From 10:00 (Tallinn time) on 8 October 2024 until 15:30 (Tallinn time) on 18 October 2024 |
Offering jurisdictions | Estonia, Latvia, Lithuania |
Listing | Nasdaq Tallinn Stock Exchange |
ISIN code | EE3300004977 |
Nominal amount | EUR 1,000 |
Issue volume | EUR 3,000,000, which may be increased by Bigbank up to EUR 8,000,000 until the Issue date |
Issue date and interest commencement date | 23 October 2024 |
Maturity date | 23 October 2034 |
Annual interest rate (fixed) | 6.50% per annum (30/360) |
Interest payment frequency | 15 December, 15 March, 15 June, and 15 September, with the first interest payment being made on 15 December 2024 |
Prospectus | |
Prospectus supplement no. 1 | |
Prospectus supplement no. 2 | |
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 (including Supplement 1 and Supplement 2) approved by the Estonian Financial Supervision Authority (the “EFSA”), its third series summary, bond terms and conditions and final terms for third 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 its supplements are 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
08/10/2024
Start of the subscription period
21/10/2024
Announcement of results
24/10/2024
Trading begins
18/10/2024
End of the subscription period
23/10/2024
Settlement date
23/10/2034
Redemption date
08/10/2024
Start of the subscription period
18/10/2024
End of the subscription period
21/10/2024
Announcement of results
23/10/2024
Settlement date
24/10/2024
Trading begins
23/10/2034
Redemption date
For Estonian tax resident individuals Application for postponing tax payments
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
- Interim Report 1st Quarter 2024
- Interim Report 2nd Quarter 2024
- Interim Report 3rd Quarter 2024
- Interim Report 4th Quarter 2024
PILLAR 3
- Regulatory Key Metrics 2nd Quarter 2024
- Pillar 3 Report 2024
ANNUAL REPORT
- Audited Annual Report for 2024
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 to Bigbank bonds?
If I subscribe to 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?
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