Mainor Ülemiste new bond issue The Superviso
Post# of 301275
The Supervisory Board of AS Mainor Ülemiste has approved the decision to issue new bonds of Mainor Ülemiste in the 4th quarter 2017 and during 2018 with maturity date 2023. The aggregate size of the issue is up to EUR 10 million; in the 4th quarter of 2017 a non-public offering in amount of EUR 2 million will take place. After the issuance Mainor Ülemiste will apply for admittance to trading of the bonds on multilateral trading facility First North.
The purpose of the issue is to finance the core business of the company and to refinance the Mainor Ülemiste 26.11.2018 bonds. The proceeds from the issue will be used for the development of new projects in Ülemiste City business campus according to the long-term strategy of the company. The bond issue will not bring along substantial increase in issuer’s debt burden nor deterioration of its financial standing.
Margus Nõlvak
CEO
Phone: +372 504 1010
Mainor Ülemiste AS Valukoja 8 11415 Tallinn, Estonia Tel: +372 5304 6992 E-mail: info@mainorulemiste.ee www.mainorulemiste.ee
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