Investors who assessed the prospects of the Novira Plaza Riga Class A business complex project and invested in SIA Marijas 2 bonds have received their invested capital and interest earned. The Nasdaq stock exchange announced that the bonds were successfully redeemed and interest paid on May 30, 2025. The securities were redeemed using a EUR 44 million loan from Swedbank Latvia, which was used to meet obligations to investors and the needs of new tenants of the business complex.
We would like to thank the investors who contributed to the development of this unique project in Riga. Both the confidence of investors and the financing provided by Swedbank indicate that the Novira Plaza Riga project is extremely attractive and promising.
We are also delighted with our long-standing partnership with Novira Capital – working together, we are implementing a number of projects in the Baltic countries that are attracting the attention of investors.
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