Valstybės investicinis kapitalas UAB completed EUR 20 million subsequent note tap issue
Valstybės investicinis kapitalas UAB issued EUR 20 million of existing 4-year senior unsecured notes under the same terms and conditions as the initial issue of 22 September 2021 (ISIN code: LT0000405664) under EUR 400 million programme. The notes will bear zero-coupon with the yield of 0.05%. Proceeds from the subsequent notes will be used to provide additional capital to the Aid Fund for Business, which is managed by the State Investment Management Agency.
The transaction took place under the private placement regime and was subscribed by Baltic institutional investors. The total amount of the submitted purchase orders reached EUR 140 million.
The issuer shall apply for the notes to be admitted for trading on Nasdaq Vilnius.
Luminor bank AS acted as a sole manager and bookrunner of the transaction and law firm TGS Baltic advised on transaction documentation.
Valstybės investicinis kapitalas UAB is a company established by Lithuania’s Ministry of Economy and Innovation which is a limited partner of the State Aid Fund for Business, a limited partnership, and is the vehicle for the state’s contribution to the fund. For more information please see: www.vika.lt
Valstybės investicinis kapitalas UAB, Chief Executive Officer
Phone: +370 659 38315
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR IN ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS ALSO NOT ADDRESSED TO ANY PERSON WHO IS A RETAIL CLIENT (AS DEFINED IN DIRECTIVE 2014/65/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL OF 15 MAY 2014 ON MARKETS IN FINANCIAL INSTRUMENTS AND AMENDING DIRECTIVE 2002/92/EC AND DIRECTIVE 2011/61/EC (RECAST)).