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NOTICE REGARDING THE OFFERING RESULTS OF 4th TRANCHE OF UAB “KVARTALAS” BONDS AND AMENDED FINAL TERMS
Globenewswire· 2025-10-03 07:00
Group 1 - The company UAB "Kvartalas" aimed to raise 5 million euros during the offering of the fourth tranche of bonds to finance the development of the "Sąvaržėlė" business centre in Vilnius, with the offering beginning on 30 September 2025 and completed on 1 October 2025 due to high demand, reaching 10.5 million euros in demand, which is an oversubscription of more than 2 times [1] - The total nominal value of bonds issued in the fourth tranche was increased from 5 million euros to 10,477,000 euros, with a total of 40,608,700 euros in bonds issued across all four tranches [2] - The bonds were publicly offered to retail and institutional investors in Lithuania, Latvia, and Estonia, with 146 investors from the Baltic States participating in the offering [3] Group 2 - The nominal value of one bond is 100 euros, with a fixed annual interest of 8% paid every six months, and the bonds will be redeemed on 19 December 2026, offered at a price corresponding to a 6.75% annual yield during the fourth tranche [4]