The Evernord team successfully placed a \u20ac3.5 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\u2019s further business expansion.<\/p>\n
These bonds, which are scheduled to mature on September 26, 2029, were listed on the Nasdaq alternative market \u201cFirst North\u201d on June 26.<\/p>\n
\u201cIt is extremely important to us when our core values align with those of our partners\u2014a clear direction for business growth and strategically sound financing. \u201cLegal Balance has demonstrated successful and stable business growth for several years now, so it\u2019s no surprise that investors have confidence in this opportunity and actively contributed to the success of the offering,\u201d said Vismant\u0117 \u0160epetien\u0117, Head of Evernord FM\u012e.<\/p>\n
\u201cI am sincerely grateful to the Evernord team for their ongoing professional assistance in securing financing for our business expansion. Legal Balance\u2019s current operating results are exceptionally strong, and our strong and reliable partnership with Evernord has contributed significantly to this success,\u201d noted Marius \u0160lepetis, CEO of Legal Balance.<\/p>\n