Core Viewpoint - Akropolis Group successfully completed a public offering of green notes valued at EUR 350 million, maturing in 5 years with a 6.000% annual coupon rate, aimed at strengthening its position in international debt capital markets [2][3]. Group 1: Offering Details - The green notes issuance is part of Akropolis Group's Green Finance Framework, which was publicly disclosed in February 2025 [2]. - The proceeds from the offering will be used to refinance existing EUR 300 million notes due 2026 and to finance a portfolio of Eligible Green Projects [4]. - The notes will be listed on Euronext Dublin and NASDAQ Vilnius, with a settlement date of May 15, 2025 [5][6]. Group 2: Investor Participation - The offering attracted over 90 investors, with the order book peaking at EUR 1.1 billion, indicating strong demand from a diverse investor base including Continental European and UK asset managers [5]. - The joint global coordinators for the offering were Citigroup Global Markets Europe AG and ING Bank N.V., with Skandinaviska Enskilda Banken AB acting as joint bookrunner [6]. Group 3: Financial Metrics - The notes have a fixed annual yield of 6.000% and will mature on May 15, 2030 [6]. - The issuer and expected rating of the notes is BB+ (stable) from both S&P and Fitch [6].
Notice on the Final Results of AKROPOLIS GROUP, UAB Green Notes Public Offering
GlobeNewswire·2025-05-08 18:03