Consilium optimum
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Consilium Optimum Invites to Join Investor Webinar Regarding Bond Issue

“Consilium optimum” (Fastlink) invites investors to join the Investor webinar scheduled on the 10th December 2024 at 10:00 AM (in English) (EEST/Baltic time).

During the call “Consilium optimum” (Issuer) management team Vitalijus Romualdas Andrijauskas and Denis Savrackij together with Orion Securities (Issue organizer) Head of Corporate Finance Mykantas Urba will present bond issue details and answer investor questions.

10 December 2024 at 10:00 AM (in English) Register here.

Key Bond Issue Details:

• Type of bonds: Secured bonds
• Issuance size: EUR 3,000,000
• Coupon rate: 9%
• Coupon payment frequency: Quarterly
• Term: 3 years
• Early redemption option:
  • At 101.5% after 1 year
  • At 100.75% after 2 years
• Nominal price per bond: EUR 1,000
• Minimum investment: EUR 1,000
• Subscription period of the Bonds: 29 November – 18 December, 3:30PM
• Use of proceeds: The raised funds are planned to be used for expanding the company’s business segments, improving systems, and developing new services.
• Additional Lithuanian State Guarantee: Consilium Optimum UAB is the first company to receive additional investor security from Lithuanian state institution ILTE. The ILTE guarantee secures 50% of the nominal value of the bond issue, i.e., €1.5 million, which would be compensated to bondholders in the event of issuer insolvency. ILTE is a state-established financial institution in Lithuania that, as of November 21, 2024, became the National Development Bank. ILTE’s activities are focused on state-funded measures to promote small and medium-sized businesses, support economic entities during start-up, operation, and expansion phases, and create or maintain jobs while increasing competitiveness.
• Collateral: The Issuer will pledge to bond investors the receivables from signed contracts with customers (first-rank pledge).
• ISIN: LT0000411266

For more information and full documentation click here.