Vilnius/Riga/Tallinn, Nasdaq Baltic Market, 27 April 2026 – Nasdaq (NDAQ) announces that the bonds issued by Panevėžio stiklas have been admitted to trading on the Nasdaq Baltic First North market.
The total value of bonds distributed across the Baltic States amounts to EUR 6.16 million. Each bond has a nominal value of EUR 1,000 and carries an annual interest rate of 8.50%, payable quarterly. The bonds have a maturity of three years, with a redemption date of 24 April 2029.
Panevėžio stiklas is one of the longest-operating glass manufacturing companies in Lithuania, established in 1965, producing glass packaging and technical glass products. The majority of the company’s sales—approximately 85%—consist of supplies to beverage producers in the Baltic States. The funds raised will be used to manage the company’s financial liabilities and to support further business development.
“We are pleased that Panevėžio stiklas is leveraging the capital markets and offering Baltic investors the opportunity to invest in a Lithuanian industrial company. The admission of the bonds to trading on the Nasdaq Baltic First North market contributes to greater transparency and strengthens the company’s relationship with the investor community,” says Gediminas Varnas, President of Nasdaq Vilnius.
“This was our company’s first step into the private capital market, and we greatly appreciate the trust shown by investors, which will encourage us to pursue innovative production solutions even more actively and improve the company’s financial performance,” says Gintaras Petrauskas, CEO of Panevėžio stiklas.
The bond arranger is Artea Bankas, the certified adviser is law firm TEGOS, and the trustee is Audifina.
About Panevėžio stiklas
Panevėžio stiklas AB, which began its manufacturing operations in 1965, is one of the largest companies in the Baltic States engaged in the production and processing of glass products. Over many years of operation, the company has earned authority and recognition among clients and business partners in both Lithuanian and international markets.
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Nasdaq Baltic represents the common offering of the Nasdaq Tallinn, Nasdaq Riga, Nasdaq Vilnius securities exchanges as well as Nasdaq CSD. Read more: nasdaqbaltic.com
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