Signet Bank AS Antonijas street 3, Riga, LV 1010, Latvia
Phone: +371 67 080 000 Fax: +371 67 080 001 E-mail: [email protected]
Monday to Friday 9:00 a.m. – 17:30 p.m
Founded in 2013, Summus Capital OÜ is a Baltic real estate investment holding company with investment properties in all three Baltic states and headquarters in Estonia. In recent years, the Group has established itself as one of the leaders in Baltic commercial real estate market.
The Group’s strategy is based on investments in cash flow generating commercial real estate with a long-term investment horizon. The Group focuses on sustainable buildings (BREEAM or LEED certified) and the investment portfolio includes well-known anchor tenants.
The Group’s €400 million+ investment property portfolio has substantially grown over the last years and is well-diversified, consisting of properties in retail (shopping centers), office, industrial and medical segments.
Summus Capital has a seasoned management team with more than 25 years of experience in real estate management in the Baltics, providing the Group with strategic guidance and extensive industry knowledge.
Since 2021 the Group has issuer rating of BB (stable) by the leading European rating agency Scope Ratings GmbH, which was most recently affirmed in September 2023.
Additional information: https://summus.ee/for-investors/
Summus Capital OÜ
Real estate
Unsecured Notes
BB (stable) by Scope Ratings
Private placement
• Refinancing of the Group’s Existing Notes • General corporate purposes
Up to EUR 15 million
9.0% – 10.0%
Quarterly
11 June 2027 (bullet)
• @101% after 1st year • @100% 3 months before maturity
EUR 1,000
EUR 100,000
Nasdaq Riga First North within 6 months after the Issue Date
• Equity Ratio at least 30% • Debt service coverage ratio (DSCR) at least 1.2x
Signet Bank AS
Exchange Existing Notes for new Notes (1:1 exchange ratio)
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