UAB “Atsinaujinančios energetikos investicijos” Starts Exchange And Cash Tender Offer For Notes ISIN LT0000405938

Core Viewpoint - UAB "Atsinaujinančios energetikos investicijos" is launching a public offering of EUR 2025/2027 Notes to refinance existing EUR 2021/2025 Notes and raise up to EUR 65 million [2][3]. Group 1: Offering Details - The company is offering an exchange of existing EUR 2021/2025 Notes for new EUR 2025/2027 Notes at a 1:1 ratio, with the new notes carrying an annual interest rate of 8.0% [4][5]. - A cash tender offer is available for existing noteholders, allowing them to receive 99% of the denomination for each EUR 2021/2025 Note tendered, plus accrued interest [5][6]. - The exchange offer period is from 28 May 2025 to 11 June 2025, while the cash tender offer period runs from 28 May 2025 to 12 June 2025 [7][8]. Group 2: Financial Aspects - The company has allocated up to EUR 10 million for the cash tender offer, which may increase to EUR 30 million depending on demand for the new EUR 2025/2027 Notes [3][5]. - The new EUR 2025/2027 Notes will be issued under Final Terms and Base Prospectus approved on 27 May 2025 [4][11]. - The existing EUR 2021/2025 Notes that are not exchanged or tendered will remain outstanding and be redeemed at maturity [6]. Group 3: Investor Communication - Investor presentations will be held via webcast on 4 June 2025 and 5 June 2025 in English and Lithuanian, respectively [8]. - Noteholders will be notified of the offer through their depository banks, and participation will restrict trading of the respective EUR 2021/2025 Notes [7].