Breaking records: Šiaulių Bankas soars with EUR 50 million bond tap issue
In a strategic move, Šiaulių bankas has aced its game, elevating its bonds from €160 million to a remarkable €210 million through a successful €50 million bond tap issue!
This transaction underlines Šiaulių bankas’s strength in international financial markets, making waves with a 2,3 times oversubscribed issue. The bonds were strategically issued to fulfill future minimum own funds and eligible liabilities requirements, aligning with the bank’s visionary goals.
WALLESS partner Laurynas Narvydas and associate partner Enrika Tamašauskaitė advised Šiaulių bankas throughout this transaction.