Important Updates from the Noteholders Meeting
UAB “Atsinaujinan?ios energetikos investicijos” (the “Company”) is pleased to share some significant developments that arose during a recent meeting of holders of notes, identified by ISIN LT0000405938. This gathering has resulted in key proposals being solidified that will influence the future of the notes.
Proposals Approved by Noteholders
The meeting attendees consented to several vital changes, which are expected to enhance the investment conditions for noteholders.
Extension of Maturity Date
Firstly, the Maturity Date of the Notes has been extended. Initially set for 14 December 2025, investors can now anticipate maturity on 15 June 2026. This extension may offer noteholders more flexibility and time to consider their investment strategies.
Increased Interest Rate
In a notable shift, the Interest Rate has been raised from 5.00% per annum to 8.50% per annum. This updated rate will begin on 15 December 2025 and remain effective until the new Maturity Date. Such an increase not only adds to the attractiveness of holding these notes but also aligns more favorably with current market environments.
Call Option for Partial Redemption
Additionally, the Company is now vested with a call option, enabling it to redeem part or all of the Notes ahead of the Maturity Date. This option will be executed at 100% of the nominal value along with any accrued interest, allowing for strategic financial maneuvering on the Company’s part.
Consequential Changes to Final Terms
The approved proposals entail that certain necessary adjustments may also be made to the Final Terms of the Notes. This ensures that all amendments are accurately documented and in compliance with financial regulations.
Upcoming Payments to Noteholders
Following the ratification of these proposals, the Company will undertake specific actions to compensate the noteholders. On 15 December 2025, the following payments are scheduled:
Interest Payments
Noteholders can expect to receive all accrued interest until 14 December 2025, provided on a semi-annual basis as a coupon payment. This measure reinforces the Company’s commitment to fulfilling its financial obligations.
Pro-Rata Redemption
There will also be a pro-rata redemption equating to 50% of the nominal value of the Notes, which will be finalized as a reduction of each Note's nominal value to EUR 500. This strategic move will ensure equitable treatment among all noteholders.
Final Steps and Company Actions
The Company is dedicated to ensuring that these proposals are implemented smoothly. It plans to execute all necessary actions and formalize the approved changes within the systems of Nasdaq CSD SE and AB Nasdaq Vilnius.
Contact Information for Queries
If you have any further questions or require more detailed information regarding these updates, please reach out to:
Contact Person:
Mantas Auruškevi?ius
Manager of the Investment Company
mantas.auruskevicius@lordslb.lt
Frequently Asked Questions
What proposals were approved at the meeting?
The noteholders approved an extension of the Maturity Date, an increase in the Interest Rate, and a call option for partial redemption of the Notes.
How will the interest rate change affect noteholders?
The interest rate increase to 8.50% provides higher returns for noteholders, enhancing the appeal of holding these Notes.
When is the new Maturity Date for the Notes?
The new Maturity Date is now set for 15 June 2026, offering more time for investors.
What payment can noteholders expect in December?
Noteholders will receive all interest accrued until 14 December 2025, along with a pro-rata redemption of 50% of the nominal value.
Who can I contact for more information?
You can reach out to Mantas Auruškevi?ius, the Manager of the Investment Company, via email for further inquiries.
