Šiaulių bankas is the representative of the Auga Group public green bond issue dissemination in Lithuania

2019-12-04

Ecological product producer AUGA Group enters the green bond market and seeks to borrow up to EUR 20 million for 5 years during the initial dissemination. The bonds will be issued and offered in parts to private and institutional investors. Interest rate applicable to the bonds is set at 6%. The issued bonds will be 100 per cent secured by the Lithuanian agricultural land owned by the Group companies.

The bond issue will be distributed in several stages where the first stage is carried out between 2 December  and 6 December. The nominal value of one bond is EUR 1,000. All issued bonds will be included into the Baltic Debt Securities List on the Nasdaq Vilnius. 

 “The main purpose of the bond issue is to develop a sustainable agricultural business. AUGA Group is the only private equity listed company in the Baltic States that has been authorized to distribute green bonds. We hope that both the investment community and individuals will contribute to the realization of our ideas, especially as we offer a particularly attractive return on investment in today's low-interest environment”, - says Dalius Misiūnas, Chairman of the Board of AUGA Group.

AUGA Group is the largest vertically integrated ecological food company in Europe, implementing a sustainable, socially responsible and environmentally friendly business model. The Group's shares are traded on the Nasdaq Vilnius and Warsaw Stock Exchanges.

More information on the bonds of AUGA Group is available here.

In case of any queries regarding the purchase of bonds, please contact Šiaulių Bankas financial brokers by e-mailing to sbbroker@sb.lt.