Northern Horizon Capital AS (the Management Company) announces the plan for next public offering of new units of Baltic Horizon Fund (the Fund) in May 2017.
The offering is aimed at all retail investors in Estonia, Sweden, Finland and Denmark and institutional investors in selected European countries. The Fund targets raising up to EUR 50 million for its existing acquisition pipeline. The Fund will be applying to register a new prospectus with the Estonian Financial Supervisory Authority soon.
The Fund is in the process of engaging the financial advisors with whom the Fund was working with in the initial and secondary public offering. Catella Bank S.A., including its Swedish branch, is expected to be appointed as Sales Partner of the retail offering in Sweden, Finland and Denmark and of the Institutional offering in the Nordics, Luxemburg and other selected European markets. Swedbank AB and LHV Pank are expected to be appointed as co-managers of the offering in the Baltics. KPMG Baltics is the acting auditor of Baltic Horizon Fund and legal counselling is provided by Sorainen.
The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS.
Distribution: Nasdaq, GlobeNewswire, www.baltichorizon.com
This announcement contains information that the Management Company is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the above distributors, at 23:10 EET on 18th April 2017.