TGS Baltic advised Admiral Markets on a bond issue

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The firm's banking and finance team led by partner Marko Kairjak advised online trading provider Admiral Markets on a public bond issue.

During the public offering held from 8 to 19 December, investors subscribed for the bonds of Admiral Markets in the amount of 1.8 million. The public subscription period for subordinated bond issue was held from 8 to 19 December 2017 and was targeted both to institutional and retail investors in the Baltics.

Sergei Bogatenkov, member of the board of Admiral Markets, said that the target was met among retail investors and positive feedback was received from several institutional investors, who would have needed more time to make a decision, as the financial services provided by Admiral Markets are unique in the Baltic market. He added that the bonds of Admiral Markets are undergoing the procedure of listing on the Nasdaq Tallinn stock exchange.

Admiral Markets, founded in 2001, is an international online trading company whose investment companies are online trading providers in the Forex currency market as well as in other financial markets where CFDs of precious metals, stocks, commodities, futures, indexes and cryptovoltages can be traded.

On the same topic

Leaprate: Nasdaq Tallinn has started the listing procedure of Admiral Markets AS bonds
BNS: International Online Trading Provider Admiral Markets AS to Arrange a Bond Issue of €5m
Delfi Ärileht: Admiral Markets lends five million euros from the bond market (in Estonian)
Äripäev: Admiral Markets issues bonds (in Estonian)
Delfi Ärileht: Starting from today it is possible to subscribe Admiral Markets bonds (in Estonian)
Postimees: Admiral Markets arranges a bond issue of 5 million euros (in Estonian)


Marko Kairjak