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Arco Vara plans to issue unsecured bonds within the most quantity of two.2 million euros with maturity date no later than 13.12.2024. The most quantity of bonds shall be 220 with the nominal worth of 10 000 euros. Planned rate of interest is 10% every year and curiosity funds will probably be made quarterly. Management board is approved to alter the situations of the issue.
The bond issue will probably be made in accordance with Article 1 of Regulation (EU) 2017/1129 of the European Parliament and of the Council and is not public. Information in regards to the intent to subscribe shall be submitted by e mail.
Proceeds of the bond issue will probably be used for financing growth of Kodulahe Kvartal.
Tiina Malm
CFO
Arco Vara AS
Tel: +372 5358 5451
[email protected]
