Ellex has advised Integre Trans on its EUR 4 million bond issuance on the Nasdaq Baltic First North Market.
Integre Trans is a transport and logistics services company with branches in Lithuania and companies in Germany, France, and Poland.
According to Ellex, the bonds’ maturity date is May 5, 2026, with a nominal value of EUR 1000 each and an annual coupon rate of 12% plus six-month EURIBOR. Interest is paid semi-annually. "Integre Trans’s successful first bond issue will provide the company with the capital it needs to finance its operations and growth plans."
The Ellex team included Associate Partner Egle Neverbickiene and Associate Egle Radvilaite.