Nasdaq Welcomes Eesti Energia to Baltic Bond List

05.06.2025 RIG, TLN, VLN

Tallinn/Riga/Vilnius, Nasdaq Baltic Market, June 5, 2025 – Nasdaq (NDAQ) announces that bonds issued by Eesti Energia were listed on the Nasdaq Baltic Bond List as of today.

The bond issue amounts to EUR 50 million, with each bond having a nominal value of EUR 100. They carry a fixed annual coupon rate of 5%, with quarterly payments. The bonds will mature on June 4, 2028.

The listing of the bonds follows Eesti Energia’s public bond offering to Estonian investors. Based on the demand for the bonds, which totaled EUR 94.4 million, the base amount of the offering – EUR 10 million – was oversubscribed by more than nine times. A total of 4,715 investors subscribed to the bonds.

“It is wonderful to witness Eesti Energia securities becoming accessible for public investment for the first time in history,” said Kaarel Ots, Head of the Nasdaq Baltic Stock Exchanges and CEO of Nasdaq Tallinn. “The substantial demand for Eesti Energia’s bonds from Enefit Green’s previous shareholders is a significant indicator of investor confidence in the company and its growth potential,” Ots added.

“The bond offering is part of Eesti Energia’s strategic capital-raising plan to achieve these goals. The capital raised from Estonian retail investors directly contributes to the future of Eesti Energia, as we can use it to build additional production and storage capacities, strengthen the distribution network, and thereby ensure the energy security of the region. We also wanted to offer an alternative opportunity for Enefit Green shareholders to continue contributing to the development of the local energy sector. I thank all investors for their trust!” said Marlen Tamm, Member of the Management Board and CFO of Eesti Energia.

Eesti Energia is an energy company operating in the Baltic States and Poland. The group is engaged in energy production and sales, liquid fuels production and development, and the provision of convenient and beneficial energy solutions for customers.

Nasdaq Baltic represents the common offering of the Nasdaq Tallinn, Nasdaq Riga, Nasdaq Vilnius securities exchanges as well as Nasdaq CSD. Read more: nasdaqbaltic.com

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Media Contacts:

Ott Raidla
Nasdaq Tallinn / Nasdaq Baltic Market
Marketing and Communications Manager
ott.raidla@nasdaq.com
+372 5552 4824