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.
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Aira Buškutė
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Nasdaq Vilnius
+370 664 82091
aira.buskute@nasdaq.com