Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Regulatory press release

Notice of the intention to issue "Terseta" UAB bonds and their acquisition on behalf of the sole shareholder

Read the release
Terseta
Notification on material event

Notice of the intention to issue "Terseta" UAB bonds and their acquisition on
behalf of the sole shareholder

Vilnius, Lithuania, 2021-03-30 14:10 CEST -- Notice is hereby given that
"Terseta" UAB, legal entity code 303556959, with a registered office at
Jogailos str. 4, Vilnius (hereinafter - Company) intends to issue 100'000 (one
hundred thousand) units of non-convertible bonds (hereinafter - Bonds) with a
nominal value of 1 (one) EUR each. The total price of the Company's planned
Bond issue is 100'000 (one hundred thousand) EUR. 

The entire Company's intended issue of the Bonds would be acquired by the sole
shareholder of the Company - closed-end real estate investment fund for
informed investors "Lords LB Baltic Fund IV" (hereinafter - Shareholder), by
paying for the acquired Bonds at the Shareholder's expense in accordance with
the Bond Subscription Agreement. 

The planned maturity of the Bonds is 14th of July, 2024, the fixed annual
interest rate of the Bond issue will be determined in accordance with the
Company's internal Transfer Pricing Procedure prepared by EY in December 2018.
All other terms and conditions of the Bond subscription and payment will be
defined in a separate Bond Subscription Agreement concluded between the Company
and the Shareholder. 

The Bond issue, as provided in the terms of EUR 6.00 LORDS LB BALTIC FUND IV
TERSETA NOTES 20-2022 (ISIN code: LT0000404832) issue, will be subordinated to
the investors of EUR 6.00 LORDS LB BALTIC FUND IV TERSETA NOTES 20-2022 bond
issue, who are represented by Grant Thornton Baltic, UAB. 

Processes of the issue of the Company's Bonds and the payment of the
Shareholder for the purchased Bonds are planned to be completed by 2nd of
April, 2021. All funds received during the Bond issue will be used to cover the
costs of preparation for reconstruction of the asset - building on Gedimino av.
7, Vilnius, owned by the Company. 


         Rytis Zaloga
         
         CEO
         
         Email: rytis.zaloga@lordslb.lt
         Phone: +370 650 32044
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.