Pro Kapital Grupp Launches Public Bond Offering
News related to:AS Pro Kapital Grupp · 2 min read
On Tuesday, September 8, 2026, AS Pro Kapital Grupp is launching a public offering of bonds aimed at retail and qualified investors in Estonia, Latvia, and Lithuania. The company has planned to offer up to 6,000 unsecured bonds, each with a nominal value of 1,000 euros. The bonds are expected to mature on September 25, 2028, and carry an 8.3% annual fixed interest rate, payable quarterly. Pro Kapital retains the right to increase the number of bonds to a maximum of 10,000 in the event of oversubscription.
The funds raised from this bond issuance will be used to fully redeem the company’s 2020/2028 bonds, which are currently listed on the Swedish market. This move also aligns with Pro Kapital’s strategy to delist these bonds from the Nasdaq Stockholm stock exchange, as per the terms of the existing bonds.
The public offering is based on a base prospectus for the public offer and admission to trading, which has been approved by the Estonian Financial Supervision Authority on September 7, 2026. This prospectus, along with the terms and conditions of the bonds, can be accessed on Pro Kapital’s website and through the Nasdaq Tallinn Stock Exchange information system.
To participate in the offering, investors must hold a securities account with an account manager at the Estonian branch of Nasdaq CSD SE or a member of the Nasdaq Riga or Nasdaq Vilnius stock exchanges. Subscription orders must be submitted during the offer period in accordance with the procedures established by the account manager.
Each subscription order should include the investor’s details to ensure the transaction is processed correctly. Pro Kapital has arranged for the bonds to be admitted to trading on the Baltic Bond List of the Nasdaq Tallinn Stock Exchange, with AS LHV Pank acting as the arranger for the bond issue.
The company’s shares have been listed on Nasdaq Tallinn since 2012 and are included in the Baltic Main List since 2018. Pro Kapital is a property developer with over 32 years of experience in the Baltic region, having developed more than 515,000 square meters of gross floor area and planning an additional 322,000 square meters.
This bond offering is part of Pro Kapital’s ongoing financial strategy and is aimed at providing investors with an opportunity to diversify their portfolios. Investors are advised to carefully review the prospectus, bond terms and conditions, and related documents before making an investment decision.