The bonds issued by UAB “Neodenta” have been admitted to trading on the Nasdaq Baltic “First North” market.

We are delighted that the bonds issued by NOOR’s client, UAB “Neodenta,” have been admitted to trading on the Nasdaq Baltic “First North” market! This marks the first dental clinic in Lithuania to take advantage of the opportunities offered by the alternative market.

The company successfully placed a €3 million bond issue secured by real estate. Each bond has a nominal value of €1,000, with an annual interest rate of 10%. Investors from Lithuania, Estonia, and Latvia showed significant interest in the offering. Instead of the planned €3 million, bonds worth €4.57 million were subscribed, with demand exceeding supply by as much as 52%.

The public bond offering was organized by “Orion Securities”, acting as the certified advisor, while NOOR partner Agnė Jonaitytė provided legal advice on transaction-related matters.