BOD Group, which unites companies producing and installing eyeglass lenses, solar modules and energy storage systems, has successfully issued its first public offering of 4 million. Euro bond issue. Demand for bonds exceeded supply, and bonds were purchased by 388 retail and institutional investors from the Baltic States.

BOD Group's first public offering of 4 mln. fixed 11 percent of the euro value. distributed the issue of interest bonds to private and institutional investors in the Baltic States on August 19-28. Retail and institutional investors in Lithuania, Latvia and Estonia could purchase up to 4 thousand. 1,000 euro nominal value bonds of the unit company. The minimum investment amount was 1,000 euros. BOD Group's debt securities were distributed by Šiaulių bankas. During the entire distribution, 388 bids were collected for EUR 5,591,000.

"We are grateful to investors for their trust, which is clearly demonstrated by the excess demand for the bonds. The company, in turn, has strengthened its capital base and will be able to continue successfully developing the storage battery business," says Vidmantas Janulevičius, Chairman of the Board of BOD Group.

"It's great to see that more and more companies are discovering capital markets as a way to expand their financing options. As the capital markets grow, so does the investor base, which becomes more and more actively involved not only in the management of their investments, but also in the activities of domestic companies. This is evidenced by the successful public distribution of BOD Group, in which the company proved the trust of investors and expanded their circle," says Eglė Džiugytė, head of the Financial Markets Department of Šiaulių bankas.

4 million bond issue worth 2 years has a duration of 2 years and is additionally secured by guarantees of five companies of the group. With this bond issue, BOD Group will finance its regular activities and at the same time contribute to the development of the capital market. This is the company's first publicly distributed bond issue. Its representatives are also considering that although this issue will not be listed, such a step may be taken next time.

Important information

The information contained herein is a marketing communication. It cannot be regarded as an offer or an invitation to purchase any specific securities of the company. We remind you that any investment in securities, including bonds, is associated with certain risks, including the possibility of losing part of the investment or the entire investment, therefore, before investing in bonds, each potential investor must assess his experience, financial capabilities and needs and investment objectives and carefully familiarize yourself with the prospectus and other documents of the bond issue, including the final terms of the first issue and the summary of the bond issue.