Vytis Reno Loans 2025-1 DAC
Name: Vytis Reno Loans 2025-1 Designated Activity Company (DAC)
Core business: securitization special purpose vehicle – SPV
Date of registration: 1 May 2025
Auditor: Eisner Amper Ireland
Date of bond listing: 18 December 2025
Market: Nasdaq Vilnius
Background Information
The issuer is established under Irish laws as a special purpose limited liability company designed to implement a securitization transaction for the portfolio of loans for the modernization of multi-family housing administered by ILTE, issuing asset-backed securities (ABS - asset-backed securities).
ILTE is the Lithuanian National Development Bank whose main objective is to promote the sustainable economic development of the country, increase its resilience, and improve the availability of financing, either directly or in collaboration with other financial market participants. ILTE provides financial services to business, agricultural, and public sector clients and has long-standing expertise in the areas of lending, guarantees, subsidies, and management of structural funds.
In the context of this issuance, ILTE performs a dual role. Firstly, it functions as a portfolio servicer (servicer) responsible for the daily management of loans, collection of payments, accounting, and enforcement according to applicable procedures. Secondly, ILTE operates as a seller on behalf of and on account of the Multifamily Housing Modernization Fund (MHF), transferring the loan portfolio to the issuer within the securitization structure.
The Multifamily Housing Modernization Fund (MHF) is a special purpose fund established by the Lithuanian state to finance the renovation of multifamily housing and the enhancement of energy efficiency. The Fund is focused on long-term public interest objectives, including the reduction of energy consumption, the reduction of greenhouse gas emissions, and the modernization of multifamily houses.
Contact Details
Address: Ukmergės g. 124, 08100 Vilnius, Lietuva
Telephone: +370 5 210 7510
E–mail: vpd@ilte.lt, trpd@ilte.lt
Website: www.ilte.lt
Contact person: Aurimas Galdikas, aurimas.galdikas@ilte.lt, Justinas Bučys, justinas.bucys@ilte.lt