Company signed a Proportional Transfer Agreement for Green Bonds (hereinafter referred to as the Agreement) on 13 October, 2017 with AB Energijos Skirstymo Operatorius (hereinafter - ESO) for 100 million EUR of the issue of green bonds transfer.
Before releasing 300 mln. EUR green bonds issue of Lietuvos Energija a part of its funds was foreseen to use for long-term investments in the upgrade of distribution networks of ESO.
The contractual maturity date of commitments is no later than 14 July, 2027. The fixed interest rate of the contract coincides with the effective interest rate on the issue of green bonds and amounts to 2.23%. The essential terms of the Agreement coincides with the terms and conditions of Green Bonds. This agreement does not provide any other additional obligations (guarantees, suretyship, pledges, etc.) to enforce obligations.
Director of Corporate Communications Division at Lietuvos Energija, UAB, Ernesta Dapkiene, +370 61143548, firstname.lastname@example.org