Published: 2021-06-03 11:19:19 CEST
Terseta
Notification on material event

Notice of the intention to issue "Terseta" UAB bonds and their acquisition on behalf of the sole shareholder

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: LT0000404832) 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: LT0000404832) issue.

         Rytis Zaloga
         CEO
         
         Email: rytis.zaloga@lordslb.lt
         Phone: +370 65032044