Potential change to the subscription process for the next UAB “Kvartalas” bond tranche
Globenewswire·2025-05-26 07:00
Core Viewpoint - UAB "Kvartalas" is preparing to launch the third tranche of bonds to finance the development of the "Sąvaržėlė" business centre, indicating strong investor interest and potential modifications to the subscription process based on demand [1][2]. Group 1 - The third tranche of bonds (ISIN LT0000411167) is aimed at financing the "Sąvaržėlė" business centre [1]. - Due to high demand for previous bond tranches, the issuer may modify the subscription process, potentially shortening the subscription period if sufficient demand is reached [2]. - The final terms of the third tranche will be announced before the subscription period opens, detailing the offering and the possibility of early closure based on demand [3].