Vilnius, Lithuania, 2021-06-03 11:19 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 340'000 (three hundred and forty 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 340'000 (three hundred and forty
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: LT0000404XXX) 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 7th of June,
2021. 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 and to pay the coupon to the investors of the EUR
6.00 LORDS LB BALTIC FUND IV TERSETA NOTES 20-2022 (ISIN kodas: LT0000404XXX)
issue.
Rytis Zaloga
CEO
Email: rytis.zaloga@lordslb.lt
Phone: +370 65032044© 2021 GlobeNewswire
