{"id":6458,"date":"2017-06-22T08:23:36","date_gmt":"2017-06-22T05:23:36","guid":{"rendered":"https:\/\/redgatecapital.eu\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/"},"modified":"2017-06-22T08:23:36","modified_gmt":"2017-06-22T05:23:36","slug":"nortal-issued-bonds-for-15-million-euros-to-boost-expansion","status":"publish","type":"post","link":"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/","title":{"rendered":"Nortal issued bonds for 15 million euros to boost expansion"},"content":{"rendered":"<h4><strong>The 15 million euro bond issue of Nortal, the multinational strategic change and technology company, which was fully subscribed by renowned institutional investors, will support the rapid growth of the business and be used for refinancing the existing obligations. Bonds were issued with five-year maturity and 5 per cent coupon rate.<\/strong><\/h4>\n<p>According to\u00a0<strong>Priit Alam\u00e4e, founder and CEO of Nortal<\/strong>, the successful and fully subscribed bond issue by institutional renowned investors is a testament of trust. \u201cWe have been rapidly growing in recent years, with\u00a0<a href=\"https:\/\/nortal.com\/blog\/2016_best_year_in_nortals_history\/\" target=\"_blank\" rel=\"noopener noreferrer\">2016 being the best year in the company\u2019s history<\/a>. It is great to see our financial results and the 2017 backlog has confirmed the confidence of institutional investors in the Baltics and Finland,\u201d said Alam\u00e4e.<\/p>\n<p>As a newcomer to the bond market, the company is looking to\u00a0<strong>build trust with the investor community<\/strong>\u00a0and show that we keep our promises, added Alam\u00e4e.<\/p>\n<p>Nortal is an ambitious fast-growing company that has expanded to the\u00a0<strong>United States, United Arab Emirates and Sweden<\/strong>\u00a0within the last year. The capital raised with the bond issue will be used to finance expansion as well as refinancing the existing financial obligations.<\/p>\n<p>\u201cWe are looking forward to bringing\u00a0<strong>our offering of strategy, change and technology<\/strong>\u00a0to new markets in EMEA and expanding our footprint in the US as well as other markets where we already operate,\u201d added Alam\u00e4e.<\/p>\n<p>The issue with a bond face value of 100,000 euros with five-year maturity and 5 per cent coupon rate will pay interest semi-annually.<\/p>\n<p>In the bond issue, Evli Bank acted as a lead manager and Redgate Capital as a joint bookrunner.<\/p>\n<p>In 2016, Nortal Group\u2019s EBITDA increased 30 percent, exceeding 5.2 million euros. The total consolidated revenue of the company in 2016 was 43.5 million euros.<\/p>\n<p>Last year Nortal Group shareholders bought back 50% of Group shares from Enterprise Investors, LHV Pension Funds and smaller shareholders, regaining full ownership of the company. Simultaneously, Nortal expanded its shareholder base among employees. In 2016, the company also acquired a leading B2B marketing technology and sales strategy company in Northern Europe \u2013 Element AB \u2013 expanding to Sweden in the process.<\/p>\n<p>&nbsp;<\/p>\n<p>Nortal\u00a0press release can be found\u00a0<a href=\"https:\/\/nortal.com\/blog\/nortal-issued-bonds-15-million-euros-boost-expansion\/\" target=\"_blank\" rel=\"noopener noreferrer\">here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 15 million euro bond issue of Nortal, the multinational strategic change and technology company, which was fully subscribed by renowned institutional investors, will support the rapid growth of the business and be used for refinancing the existing obligations. Bonds were issued with five-year maturity and 5 per cent coupon rate. According to\u00a0Priit Alam\u00e4e, founder [&#8230;]\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49],"tags":[],"class_list":["post-6458","post","type-post","status-publish","format-standard","hentry","category-uudised"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nortal issued bonds for 15 million euros to boost expansion - Redgate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nortal issued bonds for 15 million euros to boost expansion - Redgate\" \/>\n<meta property=\"og:description\" content=\"The 15 million euro bond issue of Nortal, the multinational strategic change and technology company, which was fully subscribed by renowned institutional investors, will support the rapid growth of the business and be used for refinancing the existing obligations. Bonds were issued with five-year maturity and 5 per cent coupon rate. According to\u00a0Priit Alam\u00e4e, founder [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/\" \/>\n<meta property=\"og:site_name\" content=\"Redgate\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RedgateCapital\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-22T05:23:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/redgatecapital.eu\/wp-content\/uploads\/Redgate_logo_square.png\" \/>\n\t<meta property=\"og:image:width\" content=\"480\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/redgatecapital.eu\/en\/#\/schema\/person\/6370280c633f026482b397097e3cec48\"},\"headline\":\"Nortal issued bonds for 15 million euros to boost expansion\",\"datePublished\":\"2017-06-22T05:23:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/\"},\"wordCount\":363,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/redgatecapital.eu\/en\/#organization\"},\"articleSection\":[\"Uudised\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/\",\"url\":\"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/\",\"name\":\"Nortal issued bonds for 15 million euros to boost expansion - Redgate\",\"isPartOf\":{\"@id\":\"https:\/\/redgatecapital.eu\/en\/#website\"},\"datePublished\":\"2017-06-22T05:23:36+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/redgatecapital.eu\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Nortal issued bonds for 15 million euros to boost expansion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/redgatecapital.eu\/en\/#website\",\"url\":\"https:\/\/redgatecapital.eu\/en\/\",\"name\":\"Redgate\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/redgatecapital.eu\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/redgatecapital.eu\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/redgatecapital.eu\/en\/#organization\",\"name\":\"Redgate Capital AS\",\"url\":\"https:\/\/redgatecapital.eu\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/redgatecapital.eu\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/redgatecapital.eu\/wp-content\/uploads\/Redgate_logo.png\",\"contentUrl\":\"https:\/\/redgatecapital.eu\/wp-content\/uploads\/Redgate_logo.png\",\"width\":450,\"height\":80,\"caption\":\"Redgate Capital AS\"},\"image\":{\"@id\":\"https:\/\/redgatecapital.eu\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/RedgateCapital\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/redgatecapital.eu\/en\/#\/schema\/person\/6370280c633f026482b397097e3cec48\",\"name\":\"admin\",\"sameAs\":[\"https:\/\/redgatecapital.eu\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Nortal issued bonds for 15 million euros to boost expansion - Redgate","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/","og_locale":"en_US","og_type":"article","og_title":"Nortal issued bonds for 15 million euros to boost expansion - Redgate","og_description":"The 15 million euro bond issue of Nortal, the multinational strategic change and technology company, which was fully subscribed by renowned institutional investors, will support the rapid growth of the business and be used for refinancing the existing obligations. Bonds were issued with five-year maturity and 5 per cent coupon rate. According to\u00a0Priit Alam\u00e4e, founder [...]","og_url":"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/","og_site_name":"Redgate","article_publisher":"https:\/\/www.facebook.com\/RedgateCapital","article_published_time":"2017-06-22T05:23:36+00:00","og_image":[{"width":480,"height":480,"url":"https:\/\/redgatecapital.eu\/wp-content\/uploads\/Redgate_logo_square.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/#article","isPartOf":{"@id":"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/"},"author":{"name":"admin","@id":"https:\/\/redgatecapital.eu\/en\/#\/schema\/person\/6370280c633f026482b397097e3cec48"},"headline":"Nortal issued bonds for 15 million euros to boost expansion","datePublished":"2017-06-22T05:23:36+00:00","mainEntityOfPage":{"@id":"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/"},"wordCount":363,"commentCount":0,"publisher":{"@id":"https:\/\/redgatecapital.eu\/en\/#organization"},"articleSection":["Uudised"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/","url":"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/","name":"Nortal issued bonds for 15 million euros to boost expansion - Redgate","isPartOf":{"@id":"https:\/\/redgatecapital.eu\/en\/#website"},"datePublished":"2017-06-22T05:23:36+00:00","breadcrumb":{"@id":"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/redgatecapital.eu\/en\/nortal-issued-bonds-for-15-million-euros-to-boost-expansion\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/redgatecapital.eu\/en\/"},{"@type":"ListItem","position":2,"name":"Nortal issued bonds for 15 million euros to boost expansion"}]},{"@type":"WebSite","@id":"https:\/\/redgatecapital.eu\/en\/#website","url":"https:\/\/redgatecapital.eu\/en\/","name":"Redgate","description":"","publisher":{"@id":"https:\/\/redgatecapital.eu\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/redgatecapital.eu\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/redgatecapital.eu\/en\/#organization","name":"Redgate Capital AS","url":"https:\/\/redgatecapital.eu\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/redgatecapital.eu\/en\/#\/schema\/logo\/image\/","url":"https:\/\/redgatecapital.eu\/wp-content\/uploads\/Redgate_logo.png","contentUrl":"https:\/\/redgatecapital.eu\/wp-content\/uploads\/Redgate_logo.png","width":450,"height":80,"caption":"Redgate Capital AS"},"image":{"@id":"https:\/\/redgatecapital.eu\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/RedgateCapital"]},{"@type":"Person","@id":"https:\/\/redgatecapital.eu\/en\/#\/schema\/person\/6370280c633f026482b397097e3cec48","name":"admin","sameAs":["https:\/\/redgatecapital.eu"]}]}},"_links":{"self":[{"href":"https:\/\/redgatecapital.eu\/en\/wp-json\/wp\/v2\/posts\/6458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/redgatecapital.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/redgatecapital.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/redgatecapital.eu\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/redgatecapital.eu\/en\/wp-json\/wp\/v2\/comments?post=6458"}],"version-history":[{"count":0,"href":"https:\/\/redgatecapital.eu\/en\/wp-json\/wp\/v2\/posts\/6458\/revisions"}],"wp:attachment":[{"href":"https:\/\/redgatecapital.eu\/en\/wp-json\/wp\/v2\/media?parent=6458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/redgatecapital.eu\/en\/wp-json\/wp\/v2\/categories?post=6458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/redgatecapital.eu\/en\/wp-json\/wp\/v2\/tags?post=6458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}