Skip to main content

Maxima Grupė intends to launch Commercial Paper Programme

Written by Customer Service on . Posted in Public Companies.

Maxima Grupė UAB, the company, controlling the largest food retail group in the Baltics, rated BB+ by S&P (stable outlook), has mandated Luminor as Sole Lead Manager to explore opportunities for commercial paper issuance. 
An offering with up to 12 months maturity under the Commercial Paper Programme will follow subject to market conditions. The proceeds will be used for general corporate purposes of the Issuer and the issued notes will constitute unsecured obligations of the Issuer. 

Additional information
Maxima Grupė owns the retail chains Maxima (in the Baltic countries), Stokrotka (in Poland), and T-Market (in Bulgaria), as well as e-grocer Barbora operating in the Baltics and Poland.
The company is part of the Vilniaus Prekyba group, which controls and manages the group of subsidiary companies operating chains of retail stores and pharmacies as well as real estate development and property management companies in the Baltic States, Sweden, Poland and Bulgaria.
In 2021 Maxima Grupė successfully placed EUR 40 million issue of Commercial Papers (Short-Term Notes).

Contact person:
Povilas Šulys
„Maxima grupė“, Chief Financial Officer
Email: Povilas.Sulys@maximagrupe.eu

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR IN ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS ALSO NOT ADDRESSED TO ANY PERSON WHO IS A RETAIL CLIENT (AS DEFINED IN DIRECTIVE 2014/65/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL OF 15 MAY 2014 ON MARKETS IN FINANCIAL INSTRUMENTS AND AMENDING DIRECTIVE 2002/92/EC AND DIRECTIVE 2011/61/EC (RECAST)).

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.