Grenardi Group bond issue

About Grenardi Group

Grenardi Group stands as the largest regional chain of both affordable and luxury jewellery stores with double-digit growth, boasting over 25 years of industry experience and a workforce exceeding 300 employees.

The Group operates 87 specialized retail stores across the Baltics and two stores in Czechia. The Group’s key priorities for future strategy include accelerating growth in Lithuania, developing operations in the Czech Republic and continuing to improve operational and financial efficiency.

Grenardi Group offers a wide assortment of high-quality jewellery in specialized stores, catering “all occasions, all budgets” for most of the age groups. The Group’s key approach is to develop a distinct and diverse product range to meet customer requirements within different price points.

2025 has been the most successful year in the history of AS Grenardi Group, with the Group achieving record financial results and demonstrating strong growth across all key operating indicators.

The Group’s revenue reached a record level of EUR 30.50 million, representing a 27% increase compared to the previous year. At the same time, the Group significantly improved its profitability – EBITDA increased by 58% to EUR 6.85 million, and net profit reached EUR 0.71 million.

Additional information: https://signetbank.com/wp-content/uploads/2026/05/Grenardi-Teaser-EN.pdf

Term Sheet

*Full list of undertakings in the Information Document