BIG emits bonds in the amount of 37.3 million EEK.

The Baltic Investment Group Bank AS (BIG) has issued 372,848 debentures with a nominal value of 100 EEK as part of the second part issue of a 150 million EEK bond offer plan. The volume of the issue on the basis of this nominal value is therefore 37,284,800 EEK.

The debentures are unsecured bonds with a term of two years and an interest rate of 4.6% per annum. Their value date is 02.08.2006 and their date of redemption is 16.06.2008. The subscription price per bond was 98.83 EEK.

BIG will use the instruments received from the issue of these bonds for refinancing its liabilities.

On 26 July 2006 the Listing and Surveillance Committee of the Tallinn Stock Exchange decided to conditionally list up to 1,500,000 debentures issued by BIG on the basis of its bond offer plan on the list of Stock Exchange Debentures. As such 372,848 debentures have also been conditionally listed on the list of Stock Exchange Debentures in this second part issue.

Issuance of the bonds was organised by the investment bank Lõhmus, Haavel & Viisemann in the form of a targeted offer.

The Baltic Investment Group Bank (BIG) is the youngest bank based on Estonian capital and the largest specialist lender to private clients in the Baltic States after universal banks and leasing companies. BIG’s goal is to provide both private and business clients with fast, attentive and flexible financial services.

Additional information:
Targo Raus
Chairman of the Board
Phone: 6309 938