Lithuanian company additionally placed bonds worth 15 million euros

The Civinity group of companies announced the additional placement of bonds worth up to 15 million euros under the prospectus for the issuance of bonds approved by the Bank of Lithuania, with a total volume of up to 50 million euros and their subsequent listing on the regulated market Nasdaq Vilnius.

Yield: 9.5% or 10% depending on the price chosen by the investor for purchasing the bond.

"The capital market is not a one-time source of financing for us. It is part of our long-term development strategy. In recent years, we have proven that we can grow, successfully integrate acquired companies, and expand our operations. The new bond issue will allow us to continue this momentum and finance the next stage of development," noted the chairman of the board of the Civinity group, Deividas Jacks.

According to audited data, in 2025, the group's revenue reached 100.4 million euros, which is 13.4% more than the previous year.

The EBITDA indicator increased by 18% to 8.3 million euros, while profit before tax reached 2.83 million euros. The company's management emphasizes that these results indicate not only business expansion but also increased operational efficiency.

Recently, Civinity has been actively developing several areas of activity: building management and maintenance, engineering services, renovation of facilities, mobility solutions, digital products, and other high value-added services. The group also announced acquisitions outside the Baltic countries, including the purchase of a company servicing elevator equipment in Croatia and Slovenia.

The history of Civinity's bond issues began in 2021 when the group placed its first issue of 8 million euros. In 2025, the company approved a bond program of up to 50 million euros, which includes their listing on the regulated market Nasdaq Vilnius.

Civinity is a service group, a significant part of whose income is generated from regular management services for residential and commercial real estate, their maintenance, and administration. This business structure allows for more accurate forecasting of cash flows and assessing the company's ability to meet financial obligations.

The organizer of the issue is the Lithuanian branch of Luminor Bank AS, while additional distributors in Latvia and Estonia are AS Redgate Capital and UAB Evernord. The legal advisor for the transaction is the law firm TEGOS.