Orkelos Valdymas Enters Nasdaq First North with an EUR 11.7 Million Bond Issue

By Vilnius Stock Exchange
Nasdaq Vilnius - Press release

Orkelos Valdymas Enters Nasdaq First North with an EUR 11.7 Million Bond Issue

Vilnius/Riga/Tallinn, Nasdaq Baltic Market, November 11, 2026 – Nasdaq (NDAQ) announces the admission of UAB Orkelos Valdymas bonds to trading on the Nasdaq Baltic First North market through Nasdaq Vilnius.

Orkelos Valdymas, which manages the St. Jacob’s Quarter in central Vilnius, is part of the Lords LB Asset Management group. Located on the former site of St. Jacob’s Hospital, between Lukiškės Square and the White Bridge, the quarter brings together the AC Hotel by Marriott Vilnius, the Šiuolaikinės mokyklos centras school, company offices, restaurants and cafés in restored historic and newly constructed buildings. A total of 98.9% of the quarter’s 18,800 sq. m of leasable area is occupied.

Through the public bond offering in Lithuania, Latvia and Estonia, UAB Orkelos Valdymas raised EUR 11.7 million. The nominal value of each bond is EUR 1,000. The 18-month bonds carry an annual interest rate of 9.5%, with interest paid semi-annually, and mature on May 11, 2028. The distributor of the bonds is FMĮ OSUM Securities, UAB, while RSM Lithuania, UAB acts as the bondholders’ trustee.

The new issue is intended to refinance the company’s previous bonds with a total nominal value of EUR 14 million, which mature on November 11, 2026.

“Investors can assess the performance of a quarter that is already operating. Almost all of the space has been leased, which allows us to forecast next year’s rental income based on signed agreements. The hotel already has reservations for next year, and we are also seeing demand for conferences. This gives us grounds to expect the quarter’s income to grow next year,” says Rytis Zaloga, Fund Manager at Lords LB Asset Management and CEO of Orkelos Valdymas.

About UAB Orkelos Valdymas

UAB Orkelos Valdymas is the holding company of Lords LB Special Fund IV and owns UAB Orkela and UAB Pakeira, which are associated with the St. Jacob’s Quarter project in central Vilnius. The multifunctional complex covers approximately 18,800 sq. m and combines educational, hospitality, office, retail and other uses.

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a leading technology platform that powers the world’s economies. We architect the infrastructure of the world’s most modern markets, power the innovation economy, and build trust in the financial system. We empower economic opportunity by designing and deploying advanced technology, data, and intelligence solutions that enable our clients to capture opportunities, navigate risk, and strengthen resilience. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

Nasdaq Baltic represents the common offering of the Nasdaq Tallinn, Nasdaq Riga, Nasdaq Vilnius securities exchanges as well as Nasdaq CSD. Read more: nasdaqbaltic.com.

Media Contact

Aira Buškutė
Head of Communications and Marketing
Nasdaq Vilnius
+370 664 82091
aira.buskute@nasdaq.com

https://view.news.eu.nasdaq.com/view?id=be0df0094123a130c3845ef80eeaee4bc&lang=en&src=omxlink

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.