Invalda INVL completes EUR 10 million notes offering

The debt securities of Invalda INVL, which were 2.9 times oversubscribed, were acquired by 216 retail and institutional investors in the Baltics.

Highlights:

• 2.9x oversubscribed: Orders for EUR 29.035 million from 481 investors.
• Interest rate set at 7%: Thanks to the high demand, the lower limit of the specified range was achieved.
• Broad investor base: 216 retail and institutional investors from the Baltics.

Invalda INVL is a leading Baltic asset management group with over 30 years of experience, managing EUR 1 billion across various asset classes, including private equity, forests, renewable energy, real estate, and private debt.

Next step – Invalda will apply to Nasdaq Vilnius for the listing and admission to trading of the notes on the Nasdaq Baltic Bond List, expected within 3 months.

The COBALT team, lead by Partner Eva Suduiko, advised Invalda on all matters related to the to the issuance of bonds (preparation of base prospectus, coordination with the Bank of Lithuania, preparation and assistance with perfection of security documents, general advice on applicable requirements, etc.).