CONDITIONS Information about subordinated bonds
| Bond conditions | |
|---|---|
Bond name | EUR 8.00 BIGBANK SUBORDINATED BOND 22-2033 |
Subscription period | 31 January 2023 at 10:00 – 10 February 2023 at 15:30 |
Listing | Nasdaq Tallinn, Baltic Bonds List |
ISIN | EE3300003052 |
Denomination | EUR 1,000 |
Issue volume | EUR 15,000,000 |
Issue date and interest commencement date | 16 February 2023 |
Maturity date | 16 February 2033 |
Annual interest rate (fixed) | 8% (30/360) |
Interest payment frequency | Quarterly, each year on or around 16 February, 16 May, 16 August, and 16 November |
Final terms | |
Terms and conditions of subordinated bonds | |
Prospectus | |
Prospectus supplement no. 1 | |
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.