On 13 April, series S bonds were issued, issued by Olivia Fin Sp. z o.o. SKA – a company belonging to the Tonsa Group, which is the owner of Olivia Centre. The first issue under the Third Bond Issue Programme, worth PLN 11.5 million, attracted 236 investors, whose subscriptions had to be reduced by more than 55%. This means that the total demand amounted to nearly PLN 26 million. This result confirms the high confidence of investors in the largest mix-used project in Poland, which is being developed in the Tri-City. The issue was carried out with the participation of brokerage houses Noble Securities and Michael Ström.

The average value of an order to purchase 3.5-year bonds was nearly 110 thousand. £. Their interest rate is variable and has been set on the basis of a three-month WIBOR + 6% margin. The bondholders were mainly individual investors, clients of brokerage houses that kept subscriptions. On 11 April, the Warsaw Stock Exchange adopted a resolution to introduce this series of bonds to the alternative trading system on Catalyst.

This is another reduction in subscriptions for bonds issued by Olivia FIN, but the last issue recorded the highest level so far. During the 13 years of the project’s development, there were as many as 31 issues out of over 560 million. PLN 18, of which PLN 350 million has already been repaid.

The success of the next issue and such a high interest in bonds from investors confirm the credibility of the project –
says Bogusław Wieczorek, legal counsel handling the programme on the part of Olivia Centre
. – At the same time, it confirms the trust in the project that has been carried out for 13 years and the investors’ acceptance of the direction of its development. Olivia is moving towards a multifunctional centre that combines additional functions for employees, but remains open to residents and tourists, offering them 12 restaurants, an exotic Olivia Garden, an observation deck with a 360° panorama. for the entire Tri-City and the Bay of Gdansk and a conference and event center. Projects are being prepared that will allow residential apartments for long-term rental and other office buildings to be added to this list.

I am glad that Olivia Group has chosen Noble
Securities
on your partner and that our cooperation has been going on for 13 years. We have been providing the group with financing for the Olivia Centre project practically from the very beginning, observing how more and more buildings are being built, complementing the landscape of the Tri-City and filling the demand for office space in this region. I

platform. In the recent public offering, Olivia Fin offered the purchase of bonds to a wide range of recipients. The terms offered to investors are a market compromise, which is reflected in the price of the listed Catalyst Bonds. Before the offer, we expected a lot of interest, but I have to admit that the final demand exceeded our expectations. The above confirms that in today’s demanding market, investors crave quality issuers, and we consider Olivia Fin and the group to be one of them Olivia. – said Wojciech Gąsowski, Managing Director, Investment Banking Department at Noble Securities S.A.

Olivia Centre is the largest business centre in northern Poland and one of the largest in Central and Eastern Europe. It consists of 9 buildings located in the center of the Tri-City. The area of the Gdańsk centre is currently 175,000. m2, and ultimately it is expected to significantly exceed 200 thousand. m2.