Coffee Address Holding bond issue oversubscribed, raising EUR 5 million

Coffee Address Holding SIA, the leading coffee solutions provider in the Baltics, has raised EUR 5 million in a private bond placement to support the Group’s growth strategy, including investments into rolling out food solutions in Baltics and M&A transactions in the CEE region.

The bond issue saw very large interest from investors, with total demand for the bonds reaching EUR 9.2 million, exceeding the bond issue size by 84%. Overall, 37 investors participated in the bond offering, with institutional investors and private investors contributing 61% and 39% of the demand, respectively. Signet Bank AS acted as the Arranger in the bond offering.

Coffee Address Holding bonds have a maturity of 3 years and coupon rate of 8.50%. The issue date for the bonds is 28 February 2025, and the company plans to apply for listing of the bonds on Nasdaq Riga First North shortly after the issue date.

COBALT Banking and Finance team including Partner Edgars Lodziņš and Senior Associate Krišjānis Bušs provided legal assistance in connection with the issuance of bonds.

Coffee Address Holding announcement.