Consilium Optimum Bond investment orders can be submitted until December 18, 3:30PM
Consilium optimum (Fastlink) public bond offering ends this Wednesday. Investment orders can be submitted until December 18, 3:30PM.
Key Bond Issue Details:
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Type of bonds: Secured bonds
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Issuance size: EUR 3,000,000
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Coupon rate: 9%
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Coupon payment frequency: Quarterly
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Term: 3 years
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Early redemption option:
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At 101.5% after 1 year
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At 100.75% after 2 years
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Nominal price per bond: EUR 1,000
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Minimum investment: EUR 1,000
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Subscription period of the Bonds: 29 November – 18 December, 3:30PM
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Use of proceeds: The raised funds are planned to be used for expanding the company’s business segments, improving systems, and developing new services.
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Additional Lithuanian State Guarantee: Consilium Optimum UAB is the first company to receive additional investor security from Lithuanian state institution ILTE. The ILTE guarantee secures 50% of the nominal value of the bond issue, i.e., €1.5 million, which would be compensated to bondholders in the event of issuer insolvency. ILTE is a state-established financial institution in Lithuania that, as of November 21, 2024, became the National Development Bank. ILTE’s activities are focused on state-funded measures to promote small and medium-sized businesses, support economic entities during start-up, operation, and expansion phases, and create or maintain jobs while increasing competitiveness.
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Collateral: The Issuer will pledge to bond investors the receivables from signed contracts with customers (first-rank pledge).
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ISIN: LT0000411266
For more information and full documentation click here.
HOW TO INVEST?
Contact the financial brokerage company/bank (LHV, Signet, Swedbank, SEB Bank and others) handling your securities account for the submission of an investment order.
If you do not have an investment services agreement concluded with a financial intermediary, leave your contacts in the provided form and Orion investment consultant will contact you. Otherwise send us an email to: bonds@orion.lt.
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