![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Invalda Invl Ab | LSE:0IJB | London | Ordinary Share | LT0000102279 | INVALDA ORD SHS |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.40 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Trust,ex Ed,religious,charty | 46.84M | 45.82M | 3.7450 | 1.44 | 66.06M |
Invalda INVL has engaged AB Šiaulių bankas and UAB FMĮ INVL Financial Advisors to assess the possibilities of borrowing on the capital markets and, after completing all steps required by law, to arrange the placement of bonds.
The Management Board of Invalda INVL has approved a bond programme of up to EUR 25 million in accordance with the base prospectus, on the basis of which the company may issue one or more series of one or more tranches of non-convertible bonds denominated in Euro with a maturity of up to five (5) years and with a fixed interest rate. The bonds would be secured by pledging as collateral a part of the company's shares in Šiaulių Bankas, targeting a loan-to-value ratio (the ratio of the bond issue size to the value of the pledged assets) of no more than 50%.
A base prospectus has already been submitted to the Bank of Lithuania for approval.
Depending on the situation in the capital markets and subject to the approval of the bond offering documents and the necessary decisions of the management bodies on the final terms, Invalda INVL plans to issue the bonds later this year by listing the issue on the Nasdaq Vilnius debt securities list. The EUR 10 million bond tranche of the programme is anticipated to be issued in the near future. In the case of issuing bonds, the issuer would use the funds raised to invest into the funds managed by the Invalda INVL group and to repay its obligations under the credit line agreement with Luminor bank.
Once the company's Management Board approves the final terms of the first tranche of bonds, the company will make a further announcement.
The person authorised to provide additional information:
Darius Šulnis
CEO of Invalda INVL
E-mail darius.sulnis@invl.com
1 Year Invalda Invl Ab Chart |
1 Month Invalda Invl Ab Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions