EBRD invests €20 million in Akropolis Group’s debut Eurobond issue
The European Bank for Reconstruction and Development (EBRD) has subscribed to a €20 million ticket as part of a €300 million Eurobond issue by Akropolis Group, the first such issuance by a real-estate company in the Baltic states.

Akropolis is the leading owner, developer and operator of retail and entertainment centres in the region. The EBRD funds will support the group’s expansion and refinance its existing debt. The bonds have been listed on the Euronext Dublin and NASDAQ Vilnius stock exchanges, contributing significantly to capital-market development in Lithuania.

The EBRD will also support Akropolis in developing and introducing a new training academy focused on the inclusion of older workers and people with disabilities. The academy will offer Akropolis’ more than 900 tenants and their employees equal, diverse and inclusive access to skills and employment.