AB “Snaigė” finished subscription of new bond issue


On 30 October 2009 the subscription period of AB „Snaigė“ bonds with maturity
of 160 days and annual interest rate of 18% has ended. During the subscription
period 15 996 bonds with a nominal value of 100LTL were subscribed. 

The issued securities were exceptionally offered only for the holders of AB
“Snaigė” bonds which were not redeemed on 6 April 2009 by allowing to swap one
non-redeemed bond to one newly issued. During the subscription period all the
non-redeemed bonds were swapped with the newly issued ones and all the
obligations related to the bond issue not redeemed on 6 April 2009 were fully
covered. 

Managing Director
Gediminas Čeika
+370 315 56206
GlobeNewswire