The Evernord team successfully placed a €3.5 million bond issue for its long-standing partner, Legal Balance, a financial obligations management and technology company. The funds raised from investors will be used to finance the company’s further business expansion.
These bonds, which are scheduled to mature on September 26, 2029, were listed on the Nasdaq alternative market “First North” on June 26.
“It is extremely important to us when our core values align with those of our partners—a clear direction for business growth and strategically sound financing. “Legal Balance has demonstrated successful and stable business growth for several years now, so it’s no surprise that investors have confidence in this opportunity and actively contributed to the success of the offering,” said Vismantė Šepetienė, Head of Evernord FMĮ.
“I am sincerely grateful to the Evernord team for their ongoing professional assistance in securing financing for our business expansion. Legal Balance’s current operating results are exceptionally strong, and our strong and reliable partnership with Evernord has contributed significantly to this success,” noted Marius Šlepetis, CEO of Legal Balance.
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