Invest in bonds of Latvia's agriculture leader!
From 26 November to 9 December 2024, LATRAPS, the largest agricultural cooperative in the Baltics, is organising a public bond offering on Nasdaq Riga. Both retail and institutional investors across the Baltics are invited to participate, with an annual interest rate of 7,5% paid quarterly. The total issuance amount is EUR 8 million, with a nominal value of EUR 1,000 per bond.
"The funds raised through the bond offering will be invested by LATRAPS in the development of the ASNS Ingredient project, the largest pea protein isolate production facility in Northern Europe, located in Latvia. Construction of the facility begins in December 2024,"
Roberts Strīpnieks, Chairman of the Management Board at LATRAPS.
Basic conditions of the bond offer
Key investment considerations
|
Market leader |
LATRAPS is the largest agricultural cooperative in the Baltics, with a proven track record as a reliable partner for more than 1200 members
|
|
Consistent financial performance |
The profit and equity growth indicators demonstrate the cooperative’s financial stability and strong capital structure, along with a proven track record of managing substantial financial obligations
|
|
Robust corporate governance |
A well-developed corporate governance framework, where key decisions are made through meetings of the members with vast industry experience, which ensures long-run stability of the cooperative
|
|
Industry innovator |
Strategically investing in innovation and expanding its areas of operation, creating higher value-added products and building partnerships with leaders in the European food industry.
|
LATRAPS results
Documents
Cooperation partners
The content of this website is an advertisement which contains general forward-looking statements on the Public Offering of bonds of LATRAPS. Each investment decision must be made on the basis of an information document prepared in accordance with the exception from the obligation to prepare a prospectus in accordance with Article 161 of the Financial Instruments Market Law. The Information document is published on the LATRAPS website (https://www.latraps.lv/). Before investing, carefully read the information document to learn about the potential risks and benefits.
Contacts:
Gundars Ruža
LATRAPS CFO
e-mail: investors@latraps.lv
Unda Paidere
LATRAPS Investor Relations
e-mail: investors@latraps.lv
t: +371 20011987