{"id":6511,"date":"2015-06-18T08:33:43","date_gmt":"2015-06-18T05:33:43","guid":{"rendered":"https:\/\/redgatecapital.eu\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/"},"modified":"2015-06-18T08:33:43","modified_gmt":"2015-06-18T05:33:43","slug":"mainor-ulemiste-arranged-2-million-euro-bond-issue","status":"publish","type":"post","link":"https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/","title":{"rendered":"Mainor \u00dclemiste arranged 2 million euro bond issue"},"content":{"rendered":"

Baltics\u2019 largest office park developer Mainor \u00dclemiste AS issued a 3.5 year unsecured bond issue with a fixed annual coupon rate of 7% in the form of private placement. The total size of the bond program is 5 million euros with June\u2019s tranche accounting for 2 million euros.\u00a0<\/strong><\/p>\n

According to Mr. Margus N\u00f5lvak, the CEO of Mainor \u00dclemiste City, the goal of the bond issue was to finance the next development projects in the fast developing \u00dclemiste City office park. \u00a0\u201cFor us this is the first bond issue ever. Our objective is to list our bonds on NASDAQ Baltic alternative market First North and attract more private and institutional investors,\u201d said N\u00f5lvak. \u201cThis year\u2019s goal is to raise a total of 5 million euros via bond financing, offering investors an opportunity to participate in the development of the largest office park in the Baltics.\u201c added N\u00f5lvak, who claimed that Mainor \u00dclemiste is committed to use capital market financing along with bank financing for the future development project as well.<\/p>\n

During the private placement offering in June, the bonds were subscribed by Baltic institutional and private investors. The transaction was advised by financial advisor Redgate Capital and Law Firm Raidla Ellex.<\/p>\n

\u201cThe bond issued was a success in terms of the lowest coupon rate for unsecured and unrated bonds issued after 2008 in Estonia. This demonstrates that local investors have both the confidence and interest to invest in the non-investment grade bond instruments with a strong issuer\u201d said Mr. Aare Tammem\u00e4e, member of the board of Redgate Capital who added that the first Mainor \u00dclemiste bonds were subscribed by many international institutional investors as well.<\/p>\n

\u00dclemiste City is the largest office park based on Smart City concept in the Baltics located nearby Tallinn airport on the former Dvigatel industrial territory. The business campus, spread over 36 hectares, offers today 91 000 m2 of office space for rent with approx. 6 000 employees are working in 300 enterprises in the area. Developers are planning to add 65 000 m2 new office space in the near future. By 2025 300 000 m2 new office space 125 000 m2 of apartments, sports center, cultural center, parks and cafes are planned to add. \u00dclemiste City is developed by Mainor \u00dclemiste AS and Tecnopolis \u00dclemiste AS.<\/p>\n

Additional information<\/strong>:<\/p>\n

Margus N\u00f5lvak
\nMainor \u00dclemiste AS
\nChairman of the Board
\nmargus.nolvak@mainorulemiste.ee
\nwww.mainorulemiste.ee<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Baltics\u2019 largest office park developer Mainor \u00dclemiste AS issued a 3.5 year unsecured bond issue with a fixed annual coupon rate of 7% in the form of private placement. The total size of the bond program is 5 million euros with June\u2019s tranche accounting for 2 million euros.\u00a0 According to Mr. Margus N\u00f5lvak, the CEO […]\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-6511","post","type-post","status-publish","format-standard","hentry","category-uudised"],"acf":[],"yoast_head":"\nMainor \u00dclemiste arranged 2 million euro bond issue - 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\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mainor \u00dclemiste arranged 2 million euro bond issue - Redgate\" \/>\n<meta property=\"og:description\" content=\"Baltics\u2019 largest office park developer Mainor \u00dclemiste AS issued a 3.5 year unsecured bond issue with a fixed annual coupon rate of 7% in the form of private placement. The total size of the bond program is 5 million euros with June\u2019s tranche accounting for 2 million euros.\u00a0 According to Mr. Margus N\u00f5lvak, the CEO [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/\" \/>\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=\"2015-06-18T05:33:43+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\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/redgatecapital.eu\/en\/#\/schema\/person\/6370280c633f026482b397097e3cec48\"},\"headline\":\"Mainor \u00dclemiste arranged 2 million euro bond issue\",\"datePublished\":\"2015-06-18T05:33:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/\"},\"wordCount\":393,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/redgatecapital.eu\/en\/#organization\"},\"articleSection\":[\"Uudised\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/\",\"url\":\"https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/\",\"name\":\"Mainor \u00dclemiste arranged 2 million euro bond issue - Redgate\",\"isPartOf\":{\"@id\":\"https:\/\/redgatecapital.eu\/en\/#website\"},\"datePublished\":\"2015-06-18T05:33:43+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/redgatecapital.eu\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Mainor \u00dclemiste arranged 2 million euro bond issue\"}]},{\"@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":"Mainor \u00dclemiste arranged 2 million euro bond issue - 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\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/","og_locale":"en_US","og_type":"article","og_title":"Mainor \u00dclemiste arranged 2 million euro bond issue - Redgate","og_description":"Baltics\u2019 largest office park developer Mainor \u00dclemiste AS issued a 3.5 year unsecured bond issue with a fixed annual coupon rate of 7% in the form of private placement. The total size of the bond program is 5 million euros with June\u2019s tranche accounting for 2 million euros.\u00a0 According to Mr. Margus N\u00f5lvak, the CEO [...]","og_url":"https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/","og_site_name":"Redgate","article_publisher":"https:\/\/www.facebook.com\/RedgateCapital","article_published_time":"2015-06-18T05:33:43+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\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/#article","isPartOf":{"@id":"https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/"},"author":{"name":"admin","@id":"https:\/\/redgatecapital.eu\/en\/#\/schema\/person\/6370280c633f026482b397097e3cec48"},"headline":"Mainor \u00dclemiste arranged 2 million euro bond issue","datePublished":"2015-06-18T05:33:43+00:00","mainEntityOfPage":{"@id":"https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/"},"wordCount":393,"commentCount":0,"publisher":{"@id":"https:\/\/redgatecapital.eu\/en\/#organization"},"articleSection":["Uudised"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/","url":"https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/","name":"Mainor \u00dclemiste arranged 2 million euro bond issue - Redgate","isPartOf":{"@id":"https:\/\/redgatecapital.eu\/en\/#website"},"datePublished":"2015-06-18T05:33:43+00:00","breadcrumb":{"@id":"https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/redgatecapital.eu\/en\/mainor-ulemiste-arranged-2-million-euro-bond-issue\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/redgatecapital.eu\/en\/"},{"@type":"ListItem","position":2,"name":"Mainor \u00dclemiste arranged 2 million euro bond issue"}]},{"@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\/6511","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=6511"}],"version-history":[{"count":0,"href":"https:\/\/redgatecapital.eu\/en\/wp-json\/wp\/v2\/posts\/6511\/revisions"}],"wp:attachment":[{"href":"https:\/\/redgatecapital.eu\/en\/wp-json\/wp\/v2\/media?parent=6511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/redgatecapital.eu\/en\/wp-json\/wp\/v2\/categories?post=6511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/redgatecapital.eu\/en\/wp-json\/wp\/v2\/tags?post=6511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}