Hepsor AS

A smaller bond offering of one million euros from Kvartalas was ended only a few hours after it started, as the demand, uh, exceeded the offering.

Uh, demand for Hepsor, which is a real estate developer from Estonia, exceeded 2.4 times of the base offering.

Uh, it must be noted that unsecured bonds on the group level were offered at, uh, 9.5% yield to maturity.

Uh, it may seem that bond investors are universally thirsty for new offerings and are throwing their money at any offer, but that wouldn't be true.