The Apollo Group, which manages restaurants, stores, and cinemas, successfully raised 51 million euros through its bond offering, exceeding its target of 50 million euros. The offering attracted considerable interest, particularly from retail investors, who received all the bonds they applied for, while institutional investors, mainly pension and investment funds, secured 97% of the subscribed amount. The offered interest rate was set at 7%, making it an appealing opportunity for potential investors.

With approximately 170 outlets under its umbrella, including popular restaurant chains like Vapiano, KFC, and Lido, Apollo Group aims to leverage the raised funds to open over 100 additional restaurants. CEO Toomas Tiivel expressed satisfaction with the results, highlighting that 51 million euros is regarded as the largest stock market debut in the Baltics to date. Furthermore, he noted that 80% of the investments came from Estonia, showcasing strong local interest in the bond offering.

Tiivel also reflected on the possibility of optimizing their approach and identifying areas that could have performed better during the bond issuance process. The success of this offering not only strengthens Apollo Group's financial position but also indicates confidence from investors in the group's expansion plans, potentially influencing future investment trends in the region.