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UAB "Kvartalas" bonds (5th tranche)
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NOTICE REGARDING THE OFFERING RESULTS OF 5th TRANCHE OF UAB “KVARTALAS” BONDS
Globenewswire· 2026-01-14 12:40
Group 1 - The issuer, UAB "Kvartalas," aimed to raise €9,391,300 through the fifth tranche of bonds to finance the "Sąvaržėlė" business centre in Vilnius, with the offering starting on January 13, 2026, and completed on the same day due to high demand of €11.8 million, which is approximately 26% more than the initial amount offered [1] - The offering ensured a diversified investor base, with full allocation for orders up to €15,000, while orders exceeding this amount were allocated at approximately 79%, resulting in 61% of total orders being fully satisfied [2] - The bonds will be issued and transferred to investors' accounts on January 28, 2026, and with the previous offerings, the total amount of bonds issued will reach €50 million, publicly offered to retail and institutional investors in Lithuania, Latvia, and Estonia, with "Swedbank" acting as the arranger and dealer [3] Group 2 - Each bond has a nominal value of €100, offering a fixed annual interest rate of 8% paid semi-annually, and will be redeemed on December 19, 2026, with the fifth tranche offered at a price corresponding to a 6.75% yield [4]