CONDITIONS Information about subordinated bonds offering
| Bond conditions | |
|---|---|
Bond name | EUR 8.00 BIGBANK SUBORDINATED BOND 23-2033 |
Subscription period | From 10:00 (Tallinn time) on 14 November 2023 until 15:30 (Tallinn time) on 24 November 2023 |
Offering jurisdictions | Estonia, Latvia, Lithuania |
Listing | Nasdaq Tallinn Stock Exchange |
ISIN code | EE3300003706 |
Nominal amount | EUR 1,000 |
Issue volume | EUR 5,000,000 |
Issue date and interest commencement date | 30 November 2023 |
Maturity date | 30 November 2033 |
Annual interest rate (fixed) | 8.00% per annum (30/360) |
Interest payment frequency | Quarterly, each year on 28 February, 30 May, 30 August and 30 November |
Prospectus | |
Terms and conditions | |
Final terms | |
Prospectus summary | |
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”), it’s summary and the terms and conditions of the bonds 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 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.