Baltic Horizon Fund Updates Bond Interest Rate Information
The Baltic Horizon Fund has made an announcement regarding the interest rate for its 5-year bonds (ISIN: EE3300003235) for the upcoming interest period, which is set to begin shortly. Specifically, the fund will apply a new annual interest rate of 9.990% per annum. This figure comprises a base rate of 8% plus an additional 1.990%, reflecting the EURIBOR 3-month rate.
Understanding the Interest Rate Breakdown
Investors in the Baltic Horizon Fund will be particularly interested in how the new interest rate is structured. The 8% base rate provides a strong foundation for returns, while the 1.990% EURIBOR component adds an element linked to market conditions. This combined rate offers an attractive yield in the current investment landscape, enabling investors to assess their strategies effectively.
Key Contacts for More Information
For those seeking more detailed information regarding this announcement, the primary contact is Tarmo Karotam, the manager of the Baltic Horizon Fund. He can be reached via email at tarmo.karotam@baltichorizon.com. His insights could help clarify how these changes may impact your investment decisions.
About Baltic Horizon Fund
The Baltic Horizon Fund operates as a registered contractual public closed-end real estate fund, under the management of Northern Horizon Capital AS. Its management is tailored to capitalize on the vast potential within the Baltic real estate markets, making it a noteworthy option for investors seeking diversification in their portfolios. Investors should pay attention to the fund's strategy and performance indicators, especially in a rapidly evolving economic landscape.
Fund Manager's Focus
Northern Horizon Capital AS, as the fund manager, is keen on maximizing the returns for its investors through prudent management and investment strategy. They aim to navigate the complexities of the real estate market effectively, ensuring that the Baltic Horizon Fund continues to be a viable option for investors interested in capitalizing on market opportunities.
Recent Developments and Future Outlook
As the Baltic Horizon Fund continues to adapt to changing market conditions, stakeholders are encouraged to stay informed about ongoing developments and strategic decisions. The fund's management is committed to transparency, regularly updating investors with the latest news and performance metrics.
Frequently Asked Questions
What is the new interest rate for the Baltic Horizon Fund bonds?
The new interest rate for the bonds is 9.990% per annum, consisting of an 8% base rate plus 1.990% EURIBOR.
Who can I contact for more information about the fund?
You can reach Tarmo Karotam, the fund manager, at tarmo.karotam@baltichorizon.com.
What does the current interest rate imply for investors?
The interest rate indicates a strong yield potential, providing an incentive for both current and prospective investors to consider increasing their engagement with the fund.
How does the EURIBOR impact the fund's interest rates?
The EURIBOR rate reflects market conditions and is used as a variable component in calculating the total interest rate for the fund's bonds.
What is the management structure of the Baltic Horizon Fund?
The fund is managed by Northern Horizon Capital AS, which specializes in real estate investments across the Baltic region.
