Victory Development Central's €3.8 Million Bond Issue Listed on Nasdaq Baltic First North

Vilnius/Tallinn/Riga, Nasdaq Baltic Market, May 6, 2026 - Nasdaq (NDAQ) announces the admission to trading of bonds issued by Victory Development Central, a fund managed by Demus Asset Management, on the Nasdaq Baltic First North market by Nasdaq Vilnius.

The total nominal value of the bonds distributed in the Baltic states amounts to EUR 3.8 million. Each bond has a nominal value of EUR 1,000, with an annual interest rate of 8% payable quarterly. The bonds will mature in two years, on June 22, 2028.

"We congratulate Victory Development Central on the successful completion of its bond issuance. It is encouraging to see how the capital market is opening up even more opportunities for real estate developers - enabling them to diversify their funding sources, build long-term relationships with investors, and strengthen their visibility. At the same time, bonds listed on the exchange provide added value for investors by offering the opportunity to participate in secondary trading and manage their investments more flexibly. We are pleased that Victory Development Central has chosen to grow together with the capital market.," said Gediminas Varnas, President of Nasdaq Vilnius.

"This bond issuance is an important step in strengthening our financing structure and ensuring the continued development of projects across the Baltic region. We aim to offer investors a clear and well-structured opportunity to participate in value creation in real estate projects," says Vilius Pažereckas, Fund Manager at Demus Asset Management.

The bonds were distributed by Artea Bankas, and the certified adviser is the law firm Ellex Valiunas.

About Demus Asset Management

Demus Asset Management is an investment fund management company operating since 2018. The company specializes in real estate development projects and manages assets worth more than EUR 450 million. Demus aims to make investing accessible to everyone - from beginners to professional investors.

About Nasdaq

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Nasdaq Baltic represents the common offering of the Nasdaq Tallinn, Nasdaq Riga, Nasdaq Vilnius securities exchanges as well as Nasdaq CSD. Read more: nasdaqbaltic.com

Media Contacts:

Eglė Juškaitė
"Nasdaq Vilnius"
Marketing and Communications Manager
[email protected]
+370 618 17811