Tuesday March 24 2015
News Source: Global Exchanges
Focus: Other
Type: General
Country: International
Link: http://www.nasdaqomxbaltic.com/en/news/press-releases/?id=3799325
Nasdaq OMX Baltic has announced the launch of the First North Bond Market. Trading began on 18th March 2015 for the first issue admitted to this First North market by Nasdaq Vilnius.
The First North market for bonds offers an alternative for growing companies that want to raise additional funds in the capital market but are not yet ready to join the regulated market. Companies on the First North market face lighter legal and regulatory requirements. Certified advisors assist them in joining this market.
Trading on First North takes place in parallel and on the same trading system as on the regulated market, so companies on First North are seen by the same market participants and investors as those on the Main List of the regulated market.
Click on the link above for further details.