NEW ISSUE: Maxima Grupė €300m (exp) 5yr Sr Unsec; 5.25%a
HYC European Market: Deal Flow - GeneralIGC European Market: Deal Flow - General
Issuer
Term
Maturity
Size
Ranking
Type
IPT
Maxima Grupė, UAB
5yr
19-May-31
€300m (exp)
Sr Unsec
Fixed
5.25%a
IPTs: 5yr: 5.25%a
Issuer: Maxima Grupė, UAB
Issuer LEI: 259400Z5DFISQ00QN727
Issuer Ratings: BB+ (Stable) by S&P
Exp Ratings of the Notes: BB+ by S&P
Format: Reg S only
Settlement Date: 19-May-26 (T+8)
Maturity Date: 19-May-31 (5-year)
Issue Size: €300mn (expected)
IPTs: 5.25% area
Coupon: Fixed, annual (ACT/ACT)
Early Redemption: Change of Control, Taxation, Make Whole Call, 3 months par call
Financial Covenants: Financial covenants: Consolidated Net Leverage Ratio ≤3.75:1 or Fixed Charge Coverage Ratio ≥2.0:1; Consolidated Secured Leverage Ratio ≤1.5:1; Negative Pledge; Restricted Payments; Asset Sales Covenant; Merger Covenant; Transactions with Affiliates
Governing Law: English Law
Listing: Euronext Dublin’s Regulated Market with passporting to NASDAQ Vilnius
Offer and Sales Restrictions: As set out in the Base Prospectus dated 5-May-26
Denomination: €100,000 x €1,000
Use of Proceeds: Repay the existing Bridge Loan Facility, payment of fees and expenses relating to the issuance and thereafter general corporate purposes
Joint Bookrunners: Goldman Sachs Bank Europe SE, ING (B&D), SEB
ISIN Code: XS3366323072
Clearing Systems: Euroclear and Clearstream, Luxembourg
Target Market: Professional Investors/ECPs-only
Biz: the leading retailer in the Baltic region with an expanding footprint in Central and Eastern Europe. It is part of the Vilniaus Prekyba group. HQ: Vilius, Lithuania. Note: Lithuania is considered an Advanced Economy by the IMF, while the MSCI classifies it as a Frontier Market.
Call Schedule:
Global Investor Call: 05-May-26 at 10:00 UKT / 11:00 CET