1 Kungu Street

(owned and managed)   Location: in the centre of Townhall Square (sole private building), the site of the Townhall ...

6 Kalku Street

(owned and managed)   Location: 6 Kaļķu Street, prime location in the busiest pedestrian and tourist area. This corner ...

12 Kalku Street

(owned and managed)   Location: 12-14 Kaļķu Street is composed of two different buildings in an extraordinary retail ...

15 Kalku Street

(owned and managed)   Location: at 15 Kaļķu Street, a prime location in the busiest pedestrian and tourist area. This ...

19 Skunu Street

(owned and managed)   Location: this corner building faces Dome Square and is the only private building on the square; ...

2 Kramu Street

(owned and managed)   Location: the building faces Tirgoņu Street, one of the busiest pedestrian and tourist areas ...

16 Skunu Street

(managed)   Location: the building faces Tirgoņu Street, one of the busiest pedestrian and tourist streets which connects ...

Brivibas boulevard 21

(owned and managed) The building is situated in one of the best retail locations in Riga, prime location in the busiest ...

Basic Information about Bond – BREG FXD EUR 121220

Issuer

Baltic RE Group, AS

Securities

Bonds

ISIN

LV0000802197

Type of Securities

In bearer form

Class of Securities

Without restraint on alienation

Collateral

Not secured by collateral

Depository

Latvijas Centrālais depozitārijs, AS

Regulated Market

Nasdaq Riga Baltic Bond List

Currency of the Bond Issue

EUR (euro)

Total Face Value of the Bond issue

EUR 4,000,000.00 (four million euros)

Bond Face Value

EUR 1,000.00 (one thousand euros)

Number of Bonds

4,000 (four thousand)

Initial Placement Price

100% of the face value

Annual Interest Rate

Fixed: 6.15% (six per cent and 15/100)

Date of the Interest Income Calculation

The list of Bondholders, eligible for interest payments, will be established at the end of the 5 (fifth) business day before the interest payment date by listing them in the Bondholders’ list compiled by the LCD.

Detailed information on interest income calculation – in accordance with paragraph 6.6 and paragraph 6.7 of the Prospectus.

Frequency and Dates of the Interest
Income Payments

Twice a year: on 12 December and 12 June, starting from 12 June 2017, ending on 12 December 2020.

Maturity Date of the Bonds

12 December 2020

Premature Redemption (call option)

  • The Issuer shall be entitled to redeem by cancelling such part of Bonds that has not been initially placed;
  • The Issuer shall be entitled to redeem prematurely (redemption price equals to 100.0% of the face value of the Bonds) such Bonds that have been acquired by the Issuer on the secondary securities market or otherwise acquired thereby in accordance with regulatory enactments, unless their redemption is restricted by the provisions of regulatory enactments;
  • The Issuer shall be entitled to redeem any part (by partial redemption of the face value of the Bonds) or all of the Bond issue at any time, starting from the second year after the date of issue:
    • starting from the second year after the date of issue – the Issuer shall be entitled to redeem the Bonds at the price amounting to 102.5% of the part of the face value of the Bonds to be redeemed, as well as the Investors shall be paid accrued interest that is outstanding as at the date of such premature redemption, if any;
    • starting from the third year after the date of issue – the Issuer shall be entitled to redeem the Bonds at the price amounting to 101.5% of the part of the face value of the Bonds to be redeemed, as well as the Investors shall be paid accrued interest that is outstanding as at the date of such premature redemption, if any;
    • starting from the fourth year after the date of issue – the Issuer shall be entitled to redeem the Bonds at the price amounting to 100.0% of the part of the face value of the Bonds to be redeemed, as well as the Investors shall be paid accrued interest that is outstanding as at the date of such premature redemption, if any;
    • in such cases the Issuer shall be entitled to redeem the Bonds prematurely not more than once a year, and the amount of the Bonds being redeemed may not be less than 25% of the total face value of the issue as stated in the Prospectus (i.e. not less than
      EUR 1,000,000.00 per a premature redemption event).

Detailed information on premature redemption – in accordance with paragraph 6.8.1 of the Prospectus.

Arita Rimkusa
Arita Rimkusa
Office manager

Our benefits

1
Real estate innovative property management
2
Commercial Real estate focus
3
Long term view and highly focused vision
4
Solid fundamentals and potential incremental value through active real estate management
5
Well based internal property management
6
Internal record-keeping and reporting activities