DelfinGroup’s €22.3M Bond Issue Draws Record Investor Demand in the Baltics
Hamburg-based DelfinGroup has successfully raised funds through a new bond issue, its first across the Baltics. The company aims to refinance existing bonds and liabilities with the proceeds.
The bond issue, launched in 2024, was open to retail investors with a minimum investment of 100 euros. It attracted over 3,000 new bondholders, with Latvians making up 60% of the investments. This increased DelfinGroup's total shareholder count to 9,500, demonstrating strong public interest in the company.
The average subscription order size was 8.2 thousand euros, indicating substantial investments from participants. Total demand for the bonds reached 22.3 million euros, surpassing the required amount. This high demand reflects investors' confidence in DelfinGroup's financial stability and growth prospects.
DelfinGroup has a history of bond issues, with this being its 14th. Most of the previous issues have been successfully redeemed, showcasing the company's commitment to responsible financial management.
DelfinGroup's latest bond issue has raised significant funds, exceeding expectations. The company will use these funds to refinance existing bonds and liabilities, further strengthening its financial position. This successful issue also reflects the growing interest and trust of investors in DelfinGroup's future.
