“This bond issuance is a strategically planned step that allows us to continue executing our development plans and become one of the leading producers of eggs and egg products in the Baltic region. At the beginning of last year, APF already raised €7 million in private issuance from CVI, with a provisional commitment to provide an additional €5 million, subject to the company meeting certain predefined financial conditions. We have successfully fulfilled these conditions and are moving forward – we have recently commissioned an egg product production complex, opened new warehouse facilities, and are in the final stage of completing the construction of two new laying hen house,” says Jurijs Adamovičs, Chairman of the Board of APF Holdings.

CVI is an independent, team owned, asset manager focusing on Central Europe, managing eight investment funds in private debt strategies, with total assets under management of nearly EUR 900 million. Since its inception in 2012, CVI has completed more than 750 private debt investments, having invested almost EUR 3 billion in private debt in 10 countries in the CEE region almost exclusively within the European Union. CVI provides companies with a full spectrum of solutions including senior, junior, unitranche, mezzanine and structure equity, with typical tickets ranging from EUR 2 to 25 million. CVI cooperates with various international financial institutions, most notably with EIF, EBRD, PFR. CVI is a regulated entity under supervision of Polish Financial Supervision Authority.

About APF Holdings:

APF Holdings (NASDAQ: EGG) is a dynamic group of companies engaged in poultry farming, chicken egg production and trading, as well as gas and organic fertilizer production related to poultry farming processes. Our portfolio includes SIA Alūksnes putnu ferma (poultry farming and egg production), SIA APF Trading (wholesale trade in chicken eggs), SIA Oluksne (providing poultry farming and egg production services), SIA APF Energy (gas and organic fertilizer production), and SIA Preiļu putni (poultry farming and young chicken rearing). Founded in 2017, APF Holdings has become a leading player in the Baltic region's poultry and egg industry.