Akropolis Group became the first issuer in the real estate sector in the Baltic States to successfully raise funds in the international Eurobond format! The bonds will be listed on Euronext Dublin as well as on Nasdaq Vilnius stock exchanges.
More than 50 investors participated in the placement of bonds, and the final list of investors included asset managers from all over continental Europe and the United Kingdom. The proceeds from the issue will be used to refinance existing loans and the company's general needs, including group development.
The client was advised by a team of TGS Baltic experts consisting of partners Vidmantas Drizga, Robertas Degesys, Andra Rubene, Nauris Grigals, associate partner Mantas Gofmanas, certified tax advisor Rūdolfs Vilsons, senior associate Karolina Lapinskaitė, associate Anna Vaivade and legal assistant Kotryna Visockytė.