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TGS Baltic advised Valstybės investicinis kapitalas on a EUR 25 million note issue 

30.06.2022 TGS Baltic advised Valstybės investicinis kapitalas on a EUR 25 million note issue 

Valstybės investicinis kapitalas UAB issued EUR 25 million 5-year senior unsecured notes under the EUR 400 million Programme. The notes have a nominal value of EUR 1,000 and a yield of 2.826%. 

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 issuer shall apply for the notes to be admitted for trading on Nasdaq Vilnius.

The transaction was arranged and executed by TGS Baltic partner Vidmantas Drizga, Senior Associates Karolina Lapinskaitė, Tadas Varapnickas and Associate Kotryna Visockytė.  Luminor bank AS acted as a sole manager and bookrunner of the transaction.

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