Apollo Group, an entertainment and catering conglomerate, is taking significant steps towards entering the stock market in collaboration with LHV Bank. The first initiative in this process involves planning to list bonds for trading on the Nasdaq Tallinn stock exchange's Baltic bond list. This move aims to enhance the company's financial independence and capital structure while supporting its growth and investments aimed at improving operational efficiency.

The bond issuance is intended to strengthen the company's financial standing and is seen as a strategic step towards its goal of a public offering. For this to proceed, Apollo Group plans to submit an application for admission of its bonds to the trading list. A crucial prerequisite for the public offering is the approval of the prospectus by the Financial Supervision Authority. Apollo has indicated that it will announce details regarding the prospectus approval and the conditions of the bond issuance separately.

According to Silver Kalmus, head of the bond sector at LHV, both retail and institutional investors have been eagerly awaiting new capital market initiatives from Baltic market leaders in various sectors. This anticipation underscores the demand for diverse investment opportunities in the region, indicating a potential revival of activity within the capital markets, which could lead to increased investor interest and participation in forthcoming public offerings.