In the future, the company will have the opportunity to increase its bond issue to EUR 3 million. The company will pay 7.5% annual interest on the funds raised.
Algirdas Pukis, CEO of Agathum, says: “Today is a really happy day for us. We have been preparing for this for almost five years, since we converted the company into a joint stock company back in 2016. Since then, we have worked hard and developed many successful real estate projects, and our assets have already exceeded EUR 7 million. The company has plans for many other value-creating and revenue-generating real estate projects”.