UAB “Vanagas Asset Management” – an investment holding company – successfully placed a EUR 8 million bond issue in three tranches (March – November 2025)
Bond maturity date: 29 October 2027
Annual yield of tranches: I – 10.0%, II – 9.5%, III – 9.0%.
Annual coupon rate: 10%
Coupon payments: semi-annual
Offering periods of trances: I – 31 Mar–25 Apr, II – 11–29 Aug, III – 28 Oct–14 Nov 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 – Tranche III (LT) (EN)
- Final Terms – Tranche III (EN)
- 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