UAB Partnerystės projektai keturi redemption of Notes

Group 1 - The Issuer, UAB Partnerystės projektai keturi, is executing a full redemption of its Notes, amounting to €4 million at par, with an additional €180,000 in accrued interest to be paid to Noteholders on April 28, 2025 [1][2] - The voluntary redemption option is being exercised as per Clause 7.3 of the Terms & Conditions, and no action is required from Noteholders regarding this process [2] - The Issuer has successfully completed Phase 1 of the Šiauliai military campus development, which was handed over to Lithuania's Ministry of Defence in April 2024, and is currently progressing with Phase 2 [3] Group 2 - The Issuer redeemed half of the bond issue in September 2024, indicating a proactive approach to managing its financial obligations [3] - The Issuer is refinancing the remaining Notes with increased senior loan facilities, reflecting a growing market familiarity with Public-Private Partnership (PPP) projects [3] - The Issuer expresses gratitude to Noteholders for their trust and support, indicating a positive relationship and potential for future collaboration [4]