Market announcement
Arco Vara AS
LEI code
097900BHCB0000066171
Size of the entity
Small group
Economic activities
Professional, Scientific and Technical Activities
Country of registered office
Estonia
General information
Categories
New loan issues
Unique data record identifier
7016
Submission date and time
13.12.2018 12:46:57
Content of announcement in Estonian
Title
Arco Vara kavandab võlakirjaemissiooni
Message
Arco Vara AS plaanib 2018. aasta detsembris ja 2019. aasta jooksul emiteerida tagamata võlakirju maksimaalselt 2 miljoni euro ulatuses lunastamistähtajaga mitte hiljem kui 31.12.2020. Võlakirju võib emiteerida mitmes jaos. Planeeritud intressimäär on kuni 12% aastas ning intressimaksed on kvartaalsed. Võlakirjade pakkumine teostatakse kooskõlas väärtpaberituruseaduse § 12 lg 2 p 2 sätestatuga ning ei ole avalik. Võlakirjaemissioonist saadud vahendeid kasutatakse olemasolevate laenukohustuste refinantseerimiseks ning arendusprojektide finantseerimiseks Eestis ja Bulgaarias. Kristel Tumm Finantsjuht Arco Vara AS Tel: +372 614 4662 [email protected] (mailto:[email protected])
Content of announcement in English
Title
Arco Vara is planning a bond issue
Message
In December 2018 and during 2019, Arco Vara plans to issue unsecured bonds in the maximum amount of 2 million euros with maturity date no later than 31.12.2020. Bonds may be issued in several tranches. Planned interest rate is up to 12% per annum and interest payments will be made quarterly. The bond issue will be made in accordance with Securities Market Act §12 (2) 2) and is not public. Proceeds of the bond issue will be used for refinancing existing loan obligations and financing real estate development projects in Estonia and Bulgaria. Kristel Tumm CFO Arco Vara AS Tel: +372 614 4662 [email protected] (mailto:[email protected])