AS Citadele banka announces the results of its cash tender offer for the outstanding EUR 200,000,000 Fixed / Floating Rate Notes due 2026 (ISIN: XS2393742122). The Offer expired at 4.00 p.m. (GMT) on 23 September 2025. AS Citadele banka has accepted all valid tenders received, amounting to EUR 109’230’000 in aggregate nominal amount. The Notes will be purchased at a cash purchase price of 100.00% of their nominal amount. Settlement is expected to take place on 26 September 2025.
A detailed announcement is attached.
For further information, please contact: Vlad Ender, Head of Treasury, +372 5517213, vlad.ender@citadele.ee
About Citadele
Citadele’s, rated Baa1 (stable) by Moody’s, mission is to modernise the financial industry and offer more opportunities to private individuals and businesses throughout the Baltics. In H1 2025, Citadele issued EUR 765 million in new loans, with its total loan portfolio reaching EUR 3.5 billion, while total deposits reached EUR 4.0 billion. Alongside a modern universal banking platform, Citadele offers its clients a range of services based on next-generation financial technology, including its modern app, contactless payments and instant payments. Citadele was the first in the Baltics to introduce account opening with a selfie, payment rings and payments to mobile numbers. Citadele Bank is the Group’s parent company in Latvia, and its subsidiaries and branches operate in Latvia, Lithuania and Estonia.
Tender Offer Results