Urb Bank 7% Interest Bonds – Investment Opportunities
Subordinated Bond Offering Commences
Initial Distribution of Bonds
A bond offering began on Friday, October 1, 2024, with an initial distribution of €5 million. the total offering is anticipated to reach up to €10 million.
Second-Tier capital Structure
The proposed subordinated bonds, valued at €1,000 each, represent a second-tier capital investment. This structure signifies that claims from these bondholders will be addressed after those of senior creditors are satisfied, reflecting a higher level of risk and potentially, return.