MeDirect Bank (Malta) plc would like to announce that we are accepting applications for anyone interested in the new bond issue by Adventum Quartum Central Europe SICAV p.l.c. (the “Issuer”).
Adventum Quartum Central Europe SICAV p.l.c. has announced the issue of €15,000,000 unsecured bonds at 5.75% at a nominal value of €100 per bond, redeemable in 2027 (the “Bond Issue”), following approval by the Listing Authority.
About Adventum
Adventum is a leading real estate investment fund manager operating under the AIFMD (Alternative Investment Fund Managers Directive) regime and specialising in the Central and Eastern Europe (CEE) region. The group has €1.3 billion in assets under management, with a proven track record in acquisitions, asset management and value creation.
Launched in June 2019 with €106 million in committed capital, Adventum Quartum Central Europe SICAV p.l.c. is a closed ended funds that is fully invested across six real estate assets in Poland, Hungary, and Romania, spanning retail, office, and mixed-use properties.
The portfolio currently generates €17.8 million in earnings before interest, taxes, depreciation and amortisation (FY2024), supported by an 80% occupancy rate and a Weighted Average Unexpired Lease Term (WAULT) of 4.7 years, providing strong and predictable cash flows. The fund also has a stable debt financing history, having successfully repaid and refinanced facilities over recent years.
Use of Proceeds
With the proposed €15 million bond issuance, Adventum Quartum Central Europe SICAV p.l.c. intends to refinance the bridge loan on KOMAL Invest Kft., while providing additional liquidity to support ongoing asset management initiatives and value enhancing works ahead of planned portfolio disposals. Use of proceeds will include leasing, ESG related improvements, and tenant fit-outs across properties such as the Poznań Financial Center, Centrum Orlat, KÖKI Terminal, Hermes Business Campus and Renaissance Plaza.
Repayment is expected to be funded by staggered asset disposals within the portfolio. The bond represents less than 11% of the Fund’s Net Asset Value (NAV), which currently stands at €138 million.
Key Bond Terms
- Total Bond Issue: €15 million
- Minimum application amount: €2,000 and in multiples of €1,000 thereafter
- Coupon: Fixed at 5.75%
- Maturity: 30 November 2027
- Reserve account: 5.5% of all asset disposal proceeds retained in segregated account for bondholder protection
- Coupon payments: 30 November annually
Full details about this bond are set out in the Base Prospectus and Final Terms dated 19 September 2025 on Adventum’s website accessible from https://adventum.eu/quartum-bond/#elf_l1_Lw.
Applications for this bond will be accepted on a first-come, first-served basis. If you are interested in applying, please send a Secure Mail via the MeDirect platform or contact your Relationship Manager.
For further information, please call us on (+356) 2557 4400 or send an email to customerservice@medirect.com.mt.
The information set forth in this email is only for informative purposes and should not be construed as an offer to sell or solicitation of an offer to subscribe for or purchase any investment. The information provided is subject to change without notice and does not constitute investment advice or any guarantee of returns. Please consider the terms and conditions governing the relevant investment prior to making any investment decision. Investors should note that at worst they may lose all of their invested principal in the event of default, insolvency and/or bankruptcy of the relevant issue.
The financial instruments discussed are intended for retail clients, however, may not be suitable for all investors and investors must make their own informed decisions and seek their own advice regarding the appropriateness of investing in financial instruments or implementing strategies discussed herein.
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