UAB “Vanagas Asset Management” – an investment holding company – seeks to raise up to EUR 8 million through its bond program, with the third tranche amounting to EUR 0.8 million
Bond maturity date: 29 October 2027
Annual yield: 9.0%.
Annual coupon rate: 10%
Bond price: 1 022.87 EUR (including accrued interest)
Coupon payments: semi-annual
Offering period: October 28, 2025 – November 14, 2025
Distribution: through Nasdaq exchange members (https://www.nasdaqbaltic.com/statistics/lt/members)
This bond issuance is secured by a pledge of shares of Vanagas Asset Management’s subsidiary companies with an LTV ratio of 0.5. In addition, all current and future receivables of the Company under agreements with Vanagas Group are pledged in favor of investors.
For more information please contact us:
Raimundas Lukoševičius, CFO
raimundas@vanagasgroup.lt
+370 646 50488
Related documents
- Bonds issues are listed on the First North's alternative securities market operated by Nasdaq Vilnius
- Investor Presentation (LT) (EN)
- Final Terms (EN)
- Consolidated financial statements for the first half of 2025 (unaudited) (LT)
- Consolidated Financial Statements for 2024 (audited) (LT)
- Consolidated Financial Statements for 2023 (audited) (LT)
- Financial Statements for 2024 (audited) (LT)
- Articles of Association of UAB Vanagas Asset Management (LT)
First tranche related documents are here
Second tranche related documents are here
Distribution period:
28 October 2025 – 14 November 2025