Golden Foods Snacks was founded in 2009, holding the ELMAS seed, nut, and dried fruit brand.
Golden Foods Snacks held a private placement for bonds between June 17, 2022 and June 24, 2022, in which 29 retail investors participated. The company sold 11,000 guaranteed, non-convertible, dematerialized bonds with a nominal value of EUR100 per bond. The subscription price within the offer was at the nominal value. The bonds have a maturity of 3 years, maturing on June 29, 2025, and an interest rate of 9.5% per year, gross, payable quarterly.
The funds raised following the bond issue will be used to increase the working capital and allocate the amounts to increase exports, especially in Poland, and to support the development of the current activity on the domestic market. The private placement and the listing were made with the support of BRK Financial Group.