Samara Asset Group Plans up to $32.8M Bond to Expand Bitcoin Holdings
- bhoomisinghal0
- Oct 15, 2024
- 1 min read
Listed-investment firm Samara Asset Group (SRAG) will issue an up to 30 million euro ($32.78 million) bond to buy bitcoin (BTC). Samara has mandated Pareto Securities as the sole manager to organize multiple fixed-income investor meetings. The bond would be a senior secured Nordic bond and the proceeds will be used to expand Samara's diversified portfolio. The bond would be issued by Samara Asset Group p.l.c. with Samara Asset Holdings Ltd., a special purpose vehicle (SPV), serving as the bond guarantor. The bond will be listed on the Oslo and Frankfurt stock exchanges, with a minimum subscription requirement of 100,000 euros.
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