Skip to main content

Notice on Increased Nominal Value of the Third Tranche Due to Oversubscription of the Bonds and Amended Final Terms of the Third Tranche

Written by Customer Service on . Posted in Public Companies.

UAB “Orkela”, legal entity code 304099538, registered address at Jogailos str. 4, Vilnius, the Republic of Lithuania (the Issuer).

The Issuer would like to announce that the Final Terms of the third Tranche that were originally adopted and published on 27 December 2023 as amended on 4 January 2024 have been further amended on 12 January 2024 (the Final Terms) for the purposes of increasing the Maximum Aggregate Nominal Value of the third Tranche from EUR 10,000,000 to EUR 15,000,000 caused by an oversubscription of the Bonds.

Therefore, the Offering of the Bonds under the Final Terms in the total amount of EUR 15,000,000 is carried out in the Republic of Lithuania, Latvia and Estonia under the following main terms (other terms applicable are detailed in the Final Terms):

  1. Nominal Value of a Bond – EUR 1,000;
  2. Issue Price of a Bond – EUR 962.8118;
  3. Final Maturity Date – 19 January 2025;
  4. Interest Rate – 6% (fixed) annually;
  5. Yield – 10% annually;
  6. Subscription channels – Subscription through the Issuer, Lead Manager, AB Šiaulių bankas or Manager, UAB FMĮ “Evernord”;
  7. Subscription Period – 28 December 2023 – 15 January 2024;
  8. Payment Date – 16 January 2024;
  9. Issue Date – 19 January 2024.

Before deciding to invest in the Bonds, each Investor shall read the Prospectus and Final Terms with attached relevant language summary, as updated. All aforementioned documents are attached herein and published on the Issuer’s website at https://lordslb.lt/orkela_bonds/.  

On behalf of the Issuer:

Anastasija Pocienė
General Manager
anastasija.pociene@lordslb.lt

Attachments

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.