Vilnius/Riga/Tallinn, Nasdaq Baltic Market, December 6, 2018 - Nasdaq (NDAQ)
announces that bonds issued by Šiauliu Bankas AB (short name: SABB006020A) have
been listed on the Baltic Bond List by Nasdaq Vilnius as of today, December 6,
2018.
The size of the Šiauliu Bankas bond issue is EUR 20 million. Each bond has a
nominal value of EUR 100 and a coupon rate of 0.60% with interest paid once a
year. The bonds mature on December 21, 2020. Issue terms give the issuer the
right of redemption when less than 12 months remain until that date. Šiauliu
bankas issue is the tenth bond issue admitted to the Nasdaq Baltic Bond list
this year.
"We are pleased to welcome Šiauliu Bankas - the company whose shares are among
the most liquid on the Baltic stock market to the Nasdaq Baltic Bond list,"
says Saulius Malinauskas, President of the Nasdaq Vilnius exchange. "Šiauliu
Bankas, is an issuer with lengthy listing history, who continues to
successfully offer securities on the public market. We look forward to future
successful cooperation."
"We value investors' trust in enabling further successful use of the capital
market to diversify sources of financing. Being on the Baltic Bond List
reflects the liquidity of financial instruments and the transparency of trading
in them, which we see as the foundation of our relations with investors," says
Vytautas Sinius, the CEO of Šiauliu Bankas.
Founded in 1992, Šiauliu Bankas is a consistently and steadily growing
financial institution with a diversified shareholder base. The bank's largest
shareholder is the European Bank for Reconstruction and Development (EBRD),
which owns 18.24% of its shares. Šiauliu Bankas provides universal financial
services with a focus on corporate and consumer financing solutions. The bank
serves customers at 63 customer service outlets in 38 cities and towns
throughout Lithuania.
Šiauliu Bankas shares have been traded on Nasdaq Vilnius since 1994. In
December 2006 shares were upgraded to the Main List. In 2017 Šiauliu Bankas
shares had the largest turnover on the Nasdaq Baltic market, and this year
company shares are among five most actively traded. For more information see:
www.sb.lt
About Nasdaq
Nasdaq (NDAQ) is a leading global provider of trading, clearing, exchange
technology, listing, information and public company services. Through its
diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and
execute their business vision with confidence, using proven technologies that
provide transparency and insight for navigating today's global capital markets.
As the creator of the world's first electronic stock market, its technology
powers more than 100 marketplaces in 50 countries, and 1 in 10 of the world's
securities transactions. Nasdaq is home to 4,000 total listings with a market
value of $15 trillion. To learn more, visit: business.nasdaq.com.
Nasdaq Baltic represents the common offering of the Nasdaq Tallinn, Nasdaq Riga
and Nasdaq Vilnius securities markets as well as Nasdaq CSD. Learn more at
nasdaqbaltic.com.
Media Relations Contact:
Daiva Tauckelaite
+370 620 55 127
daiva.tauckelaite@nasdaq.com© 2018 GlobeNewswire
