Public bonds offering, 8.0% interest rate

Bond issue presentation

€10 M

First tranche size
8.0%

Coupon rate
2029-02-21

Final maturity date
1000 Eur

Nominal
until 2026-08-14

Offering period

Tewox

Founded in 2021, Tewox is a real estate investment company specializing in retail properties across the Baltic Sea region. Since its establishment, the company has significantly expanded its presence in both Lithuania and Poland. Today, Tewox manages a portfolio valued of nearly EUR 220 million, comprising of 108,7000 square meters of leasable space.

Tewox focuses on retail assets secured by long-term lease agreements, with grocery retailers serving as anchor tenants and other occupiers consisting of essential goods and services providers. This investment strategy supports a resilient portfolio with limited exposure to market fluctuations, delivering stable occupancy and consistent long-term performance.

Key Highlights

1

Grocery-Anchored Retail Assets

The portfolio is focused on necessity-based retail real estate, including retail parks and grocery stores that provide consumers with convenient access to everyday essentials. These assets serve recurring consumer needs, resulting in stable footfall and reduced sensitivity to economic cycles. This contributes to the resilience and stability of the Group's rental income.
2

Stable Cash Flows and a Strong Tenant Base

The investment strategy focuses on income-producing, operational real estate assets. A diversified portfolio of well-established international tenants supports stable and predictable rental income.
3

Diversified Portfolio

The Group's portfolio currently spans Lithuania and Poland, with future growth and capital deployment expected to remain focused on these markets. This enables the Group to leverage its local market expertise, established relationships with market participants, and long-standing financing partnerships.
4

Institutional-Grade Management and Strong Governance

The Group is managed by Lords LB Asset Management, one of the leading investment management companies in the Baltic States, with more than EUR 1.4 billion in assets under management. To ensure the highest standards of regulatory compliance and governance, the management company operates under the supervision of the Bank of Lithuania.

Documents

Bond offering documents

How to invest

To purchase the Bonds, please contact your financial institution or one of the contacts listed below.

Rasa Bartusevičienė Investor Relation Manager
Dana Česūnė Investor Relation Manager
Simona Klimanskienė Investor Relation Manager
Paulius Nevinskas Investment Company Manager
Kristijonas Grigaitis Deputy Investment Company Manager
Daumantas Pocius Fixed Income Sales
Rasmus Perend Fixed Income Sales

News

All news

Any investment in securities, including bonds, involves risks, including the risk of losing part or all of the invested capital. Before investing in the Bonds, each prospective investor should carefully assess their investment objectives, financial situation, investment experience, and individual needs, and should thoroughly review the Base Prospectus and all related Bond issuance documents, including the Final Terms of the relevant issue and the Prospectus Summary.

The Base Prospectus is the only legally binding document containing comprehensive information about the Company, the Bonds, their public offering, and their admission to trading on a regulated market.

Approval of the Base Prospectus by the Bank of Lithuania should not be regarded as an endorsement of the Bonds or as a recommendation to invest. Prospective investors are strongly encouraged to read the Base Prospectus carefully before making an investment decision in order to fully understand the potential risks and expected returns associated with an investment in the Bonds.

The Base Prospectus has been prepared in accordance with the requirements of Regulation (EU) 2017/1129 (the Prospectus Regulation) and forms the basis for the public offering of the Bonds in the Republic of Lithuania, the Republic of Latvia, and the Republic of Estonia.

The information provided on this page does not constitute a recommendation, offer, or invitation to invest in AB Tewox (the “Company”), including in any securities issued by the Company (such as bonds). It should not be construed as legal, tax, or investment advice. Investors are solely responsible for their own investment decisions, and the information provided herein should not be relied upon as the basis for any future transaction.

Before making an investment decision, prospective investors are encouraged to carefully consider their investment objectives, as well as the risks, taxes, and costs incurred or that may be incurred by the Company and/or the investor. Investments may increase or decrease in value, and investors may lose part or all of their invested capital. Past performance is not a reliable indicator of future results.

The Company’s investments in foreign markets are subject to currency fluctuations, as well as changes in political and economic conditions. Collective investment undertakings (“CIUs”) that concentrate their investments in a single country or sector, or that invest in smaller companies, may experience greater volatility and face increased liquidity risks. Investments in emerging markets, real estate, currencies, fixed-income instruments, or alternative investments involve additional risks. Due to the specific characteristics of certain CIUs, capital gains distributions may be higher than those associated with other types of investments.

For more detailed information on the risks associated with the Company and its investments, please refer to the Company’s documentation, including, where applicable, prospectuses for public offerings of the Company’s securities approved by the competent supervisory authority.