Apollo Group OÜ, a company owned by Estonian businessman Margus Linnamäe, has declared its intent to go public in order to raise capital. Unlike many companies that offer shares to investors, Apollo plans to initially raise funds through the issuance of bonds. This strategic decision allows the company to secure funds from investors without diluting existing shareholder equity.

The bonds will be listed on the Tallinn Stock Exchange in collaboration with LHV Bank, a prominent financial institution in Estonia. This partnership aims to facilitate the issuance process and provide the necessary market access to attract potential investors. The move signals a significant step for Apollo Group OÜ in its growth and expansion plans, as the company looks to leverage the public capital markets for future developments.

As Estonia's economy continues to evolve, such initiatives reflect the increasing participation of local firms in public financial markets. Apollo's bond issuance may set a precedent for other Estonian companies considering similar routes to access capital and navigate the challenges posed by rapidly changing market conditions.