AB Panevėžio stiklas has successfully completed a bond issuance, raising more than EUR 6 million. The company’s bonds have been admitted to trading on the Nasdaq Vilnius First North Baltic alternative market – marking an important step in its financing strategy and capital raising efforts.
The proceeds will be used to manage financial liabilities and support the company’s continued business development, strengthening its financial stability and creating a solid foundation for long-term growth.
Established in 1965, Panevėžio stiklas is one of the longest-operating glass manufacturers in Lithuania. The company specialises in the production of glass packaging and technical glass products.
The client was advised on the structuring of the bond issuance and its admission to trading by the TEGOS Capital Markets team – Dalia Augaitė, Nortautas Zenevičius, Gabija Šeštokaitė, and Paulius Žaliauskas – ensuring the smooth and professional execution of the transaction.
