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AirBaltic pays EUR 13.5 million bond coupon / Article

The Latvian airline airBaltic has made a 13.5 million euro bond coupon payment to investors in accordance with the bond schedule on Tuesday, July 27, the airline informed.

Martin Gauss, CEO of airBaltic, said: “The bond issue in 2019 was designed to support the future growth of our company. from the region. “

CONTEXT:

Bonds issued in 2019 Worth EUR 200 million more than 100 investors from 25 countries bought at a rate of 6.75%.

This was the largest issue of Latvian corporate bonds. The bonds were listed on the Euronext Dublin Stock Exchange. The first bond coupon also amounts to 13.5 million euros was paid just a year ago.

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