Sun Investment Group | Short-term bonds
Orion rolė šiame projekte
Investment banking company Orion Securities completed non-public short-term bond distribution of the subsidiary company of Sun Investment Group. During the time of the bond distribution the company borrowed 3.3 m EUR. The forecasted issue maturity was 15 months with an early redemption opportunity and the 12% annual interest rate.
The funds raised will be used to finance the construction of two 4.6 MW remote solar parks in Lithuania.
| Project type | Bond issue and distribution |
| Client | DAD3 Finance, UAB (subsidiary company of Sun Investment Group) |
| Project value | 3.3 m EUR |
| Orion role | Issue organiser |
| Project year | 2023 |
This is a second project for Orion Securities to raise capital for Sun Investment Group. In 2017 Orion managed to find a strategic investor that together with a company developed and successfully sold 42 MW solar park in Poland.
Orion Securities – Member of Pandea Global M&A network
This international advisory network gives Orion team an exclusive access to foreign buyers and investors, allowing our clients based in Lithuania to access a larger number of acquisitions in new geographies. In addition to that our cooperation gives clients the opportunity to consult with Pandea consultants, who can help and advise our clients on issues of business development abroad.
