The Agathum real-estate-management company has issued a EUR 2 million bond listed on the Nasdaq Vilnius Baltic First North market in Lithuania and Latvia. The newly issued bond offers 11 percent annual interest, with quarterly payments to investors.
According to an Agathum press release, “in total, the company offered up to 20,000 units of bonds, each with a nominal value and issue price of EUR 100, and a minimum investment amount of EUR 100. The bonds were publicly offered to non-professional, professional, and institutional investors in Lithuania and Latvia …. The bond redemption date is June 28, 2026.
The TGS Baltic law firm advised AB Agathum on the issuance.