Second Tranche of 8.25% Yield Bonds by Lithuania’s Largest Credit Union Group
The Lithuanian Central Credit Union (LCCU), which unites the largest credit union network in the Baltic States, is offering investors 9.5-year bonds with an issuer call option after 5 years and a fixed annual interest rate of 8.25%. The minimum investment amount is EUR 1,002.93. The new EUR 4 million bond tranche forms part of a larger EUR 8 million bond programme (ISIN: LT0000136228).
The Group’s cash flows are supported by a steadily growing loan portfolio approaching EUR 1 billion, generating stable interest income.
LCCU is the first and largest central credit union in Lithuania. It brings together 44 credit unions operating under the common LKU Credit Union Group brand and coordinates the majority of the country’s credit union sector activities.
The LKU Group is the largest credit union group in the Baltic States. Having grown consistently for nearly 30 years, the Group now serves more than 130,000 retail and business clients across Lithuania. With a network of over 100 customer service locations, LKU remains one of the country’s most extensive locally owned financial institutions.
The loan portfolio is broadly diversified across both corporate and retail lending, while the corporate lending portfolio is further diversified across multiple sectors of the economy. This portfolio structure helps to effectively reduce risk. Nearly 80% of the portfolio consists of low-risk loans characterized by stable cash flows and high credit quality.
LCCU is subject to strict supervision by the Bank of Lithuania and complies with all EU capital and liquidity requirements applicable to banks. A strong cooperative capital base and solid capital adequacy ratios enable LCCU to operate responsibly and maintain long-term financial stability.
| Tranche size | Maturity | Coupon rate | Coupon payment rate | Minimal investment sum | Distribution dates |
| EUR 4 million tranche under an EUR 8 million programme | 9,5 years, callable after 5 years | 8,25% | Semi-annual | EUR 1002,93 | 11 – 26 June 2026 |
Investment request
Video Presentation for Investors
Investors are invited to join the online bond offering presentation:
Presentation in English: 17 June 2026 at 11:00 a.m. Registration link.
Investment highlights
Licensed and supervised by the Bank of Lithuania, ensuring compliance with stringent EU banking requirements related to capital adequacy, liquidity, and risk management.
Consolidated assets of EUR 1.27 billion and a CET1 ratio exceeding 13%, supported by a conservatively managed loan portfolio and a strong liquidity position.
During the first tranche of the offering, investor demand exceeded supply by more than EUR 1.5 million. More than 81% of funds raised came from institutional investors and experienced retail investors. The bonds were admitted to trading on the Nasdaq Baltic First North market in May 2026.
How to invest?
To invest, leave your contact details in this form and an Orion Securities investment consultant will get in touch with you. You can also invest via the self-service platform or send an email to obligacijos@orion.lt.
If you already hold a securities account with another brokerage firm or bank, you can also submit your investment order through them.
Related documents:
Investor presentation| Information Document | Information Document Supplement | Final Terms
Orion Securities recommends consulting with your financial advisor and evaluate all the risks associated with the financial instrument and/or other circumstances that are significant to you before making an investment decision.
Orion Securities receives a commission for distributing these securities.
