Notification on material event
Regarding a Proportional Transfer Agreement of part of green bonds emission
Lietuvos Energija, UAB, (hereinafter – the Company) identification code 301844044, registered office placed at Žvejų str. 14, Vilnius, Republic of Lithuania. The total nominal value of issued bonds 600 000 000 EUR; ISIN codes XS1646530565; XS1853999313.
Company signed a Proportional Transfer Agreement for Green Bonds (hereinafter referred to as the Agreement) on 29 August, 2018 with AB Energijos Skirstymo Operatorius (hereinafter – ESO) for 250 million EUR of the issue of green bonds transfer.
Before issuing the EUR 300 million worth Green Bonds of Lietuvos Energija part of the proceeds was projected to be used for long-term investments of ESO.
The contractual term for the discharge of the obligations is no later than by 10 July 2028. The fixed interest rate of the contract is 2.11%. and coincides with the effective interest rate of the Green Bonds issue. The essential terms of the Contract are consistent with the terms and conditions of the Green Bonds placement. This Contract does not provide any other additional security measures (guarantees, suretyship, pledges, etc.).
For more information: Lietuvos Energija Corporate Communication Project Manager Artūras Ketlerius, +370 620 76076, firstname.lastname@example.org