Monday January 27 2014
News Source: Global Exchanges
Focus: Other
Type: General
Country: Finland
Link: https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=590921&lang=en
NASDAQ OMX have launched the new First North Bond Market in Finland. First North Bond Market Finland is an alternative marketplace offering companies the same services as the Main market but with lower listing requirements. It is a new funding alternative for non-listed medium-sized companies interested in issuing a corporate bond, and it is also a cost-efficient funding alternative for larger companies. The First North equity market was launched in 2006.
The new First North Bond Market Finland offers a faster and more flexible way to list corporate bonds. Compared to unlisted bonds, a First North listing improves visibility, brand recognition and transparency of the issuing company and its corporate bond, and hence increases the interest of investors.
Click on above link for further details