Kvartalas Closes Early 8th Tranche Bond Subscription Due to High Demand
News provided byUAB "Kvartalas · 1 min read
Vilnius, Lithuania-based UAB "Kvartalas" has announced an early closure of the subscription process for the 8th tranche of its UAB "KVARTALAS" bonds, ISIN LT0000411167. The decision was made due to a high level of investor demand.
According to UAB "Kvartalas," the subscription process will be terminated immediately following the release of this announcement. Nasdaq Exchange Members will no longer accept new subscription orders from investors. By 11:30 today (September 3, 2026), Members will only be able to process previously received buy orders that have not yet been entered into the Exchange Trading System. Any new orders after this time will not be accepted and will not be eligible for bond allocation.
Marius Žemaitis, General Manager of UAB "Kvartalas," stated, "Due to the strong interest from investors, we have decided to close the subscription process early. The results of this tranche will be announced separately at a later date."
UAB "Kvartalas" is based at Jogailos street 4, Vilnius, Lithuania, and operates as a legal entity with the code 305475438. The bond offering is a significant financial event for the company and its stakeholders, reflecting the ongoing demand for its securities.
Investors interested in the details of the bond offering are advised to monitor UAB "Kvartalas" for a public announcement of the results, which will provide further information on the successful subscription process.