"Our long-standing partnership with the bank allows us to smoothly complete the strategic phase and fulfil our commitments to investors. This is yet another step in proving our transparency and credibility by maintaining high liquidity, even in a period of geopolitical uncertainty, opening excellent prospects for investing in commercial real estate and continuing to offer long-term growth in returns to investors," says Andrius Barštys, CEO and Chairman of the Board of Capitalica Asset Management, and Fund Manager of Capitalica Baltic Real Estate Fund I.
Additional financing will allow the Company to redeem two bond emissions, with a total amount of EUR 13 million. The maturity of the EUR 8 million bonds is October 30, 2025, and the maturity date of the EUR 5 million bonds is February 7, 2026.
The Company will publish separate announcements on redemption of the bonds.