Since the start of this year, when the bond price stood at €99,750, it has fallen by 83.5 per cent. At the end of July, the bond price was €36,000.
In 2024, airBaltic issued bonds worth €380 million with an annual interest rate of 14.5 per cent and a face value of €100,000 per bond; the state purchased bonds worth €50 million.
airBaltic has been seeking ways to stabilise the company’s financial situation for some time, by reviewing its business plan and attracting ...