Special closed-ended real-estate investor AB Tewox is planning its first public bond issue, and according to Lords LB Asset Management, which manages the company, its prospectus calling for the issuance of bonds worth up-to 35 million euros has been approved by the Bank of Lithuania.
According to Lords LB Asset Management, “the bonds will be issued in tranches and will be offered to retail and institutional investors of the Republic of Lithuania, Latvia, and Estonia. This issue is expected to be listed on the Nasdaq Baltic Bond List. Tewox has mandated Luminor as an Arranger and Dealer for this bond issue.”
Image source: Netwealth.com
