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  • Nasdaq Welcomes UAB Partnerystės projektai keturi established by UAB Eika to the Nasdaq Baltic Bond List

    Vilnius/Riga/Tallinn, Nasdaq Baltic Market, March 20, 2024 – Nasdaq (NDAQ) announces that bonds issued by UAB Partnerystės Projektai keturi, a project company managed by UAB Eika group were listed to the Nasdaq Baltic Bond List as of today.

    The issue of bonds in total €8 million was issued in April 2023 and invested by Baltic pension and investment funds to finance a defence infrastructure facility in Šiauliai, Lithuania. The bonds have a maturity date of 28 April 2026 with an early redemption option.

    “We welcome UAB Partnerystės projektai keturi to the Baltic Bond List and are pleased that Lithuanian companies are taking advantage of the public regulated capital market, which gives listed companies even greater visibility among institutional and private investors. We wish the company all the best and look forward to a successful cooperation in the future,” says Saulius Malinauskas, President of Nasdaq Vilnius.

    “For Eika Group, listing on an international stock exchange is another solid and successful step in the search for alternative sources of financing. By going public, we are confident that we can develop projects for which we can raise capital on the international financial market. On the other hand, the project itself is important for the defence of the entire Baltic region in this turbulent geopolitical period,” says Domas Dargis, CEO of UAB Eika.

    The offering was organised by the Lithuanian branch of Luminor Bank AS. Legal advisors Cobalt Legal and Glimstedt advised on the bond issue, and Intertrust Group acted as the trustee of the bond issue.