Main terms of the offering

Issue
size

up to

30 000 000 €

Coupon
rate

8%

p.a. paid quarterly

Term

4 years

Minimum
investment

1 000 €

Subscription
period

starts 10.06.2025, ends 20.06.2025

Offering Announcement

Summus Capital announces the public offering of its bonds in Estonia, Latvia and Lithuania. The offering period, terms, and conditions are outlined in the offering documents. Investors are invited to participate in this opportunity to invest in a well-established, diversified real estate portfolio in the Baltics and Poland.

Investor presentation

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Bond Investor Seminar

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Offering documents and conditions

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Investor presentation
Summus Capital 9,50%, ISIN LV0000860187
Terms and conditions
Summus Capital 8%, ISIN EE0000001493
Offering prospectus
Bond Terms and Conditions

Who is Summus Capital?

Summus Capital is one of the leading real estate investment companies in the Baltics, with a proven track record of sustainable growth, long-term tenant relationships, and stable cash flow. The company’s portfolio consists of 15 income-generating properties across Estonia, Latvia, Lithuania, and Poland, valued at over €500 million and spanning approximately 253,000 m².

The portfolio is well-diversified across retail, office, logistics, and medical sectors, minimizing risk and ensuring balanced returns. Tenants include well-known international and regional brands such as KPMG, Synlab, Confido, Lindex, RIMI, Maxima, H&M, Apollo, Lux Med, Hewlett Packard, and Bank Pekao.

Summus Capital is committed to long-term value creation through strategic asset management, conservative financing principles, and operational efficiency. Its leadership team combines international experience with deep regional expertise, offering investors access to a solid and resilient real estate platform in fast-growing markets.

This bond offering allows investors to participate in Summus Capital’s ongoing success and growth story across the Baltics and Poland.

Bond Investor Declaration (applicable only to Estonian investment account holders)

Summus Capital OÜ withholds income tax at the rate of 22% from the interest payments made to private persons who are Estonian tax residents. If you purchased the bonds through an investment account and wish to postpone the taxation of the interest, please complete and submit the following form.

Upon completion and submission of the form, the interest on Summus Capital OÜ bonds will be paid in full to your investment account, provided that the form is submitted at least 10 business days before the next interest payment date.

Bond Investor Declaration

Summus Capital OÜ withholds income tax at the rate of 22% from the interest payments made to private persons who are Estonian tax residents. If you purchased the bonds through an investment account and wish to postpone the taxation of the interest, please complete and submit the following form.

Upon completion and submission of the form, the interest on Summus Capital OÜ bonds will be paid in full to your investment account, provided that the form is submitted at least 10 business days before the next interest payment date.

(Following information shall be provided in the declaration)









    By submitting the declaration I confirm that the Summus Capital OÜ bonds have been purchased on the investment account mentioned in the form, which I declare to the Tax and Customs Board as an investment account. I wish to postpone the payment of income tax on interest payments received on this investment account by using the investment account system.

    I undetake to inform Summus Capital OÜ upon any changes in the data at info@summus.ee.

    Thanks!

    Thank you! Your form has been successfully submitted.

    Why invest in Summus Capital?

    Market leader in the Baltics

    €500m+ portfolio across retail, office, logistics, and medical sectors, with assets in Estonia, Latvia, and Lithuania.

    Expanding into Poland

    Exposure to one of Europe’s fastest-growing economies and real estate markets.

    Stable, income-driven model

    Focus on cash-generating assets with predictable rental flows.

    Recognised and trusted

    Listed on Nasdaq First North, rated BB/Stable, and backed by strong investor confidence.

    Transparent and ESG-aligned

    Professionally managed with a clear sustainability strategy.

    Proven leadership and track record

    Experienced management team with deep regional expertise and a consistent growth history.

    How to subscribe?

    1. A securities account is required for investment purposes. If one is not already available, it can be opened at any financial institution in the Baltic region that offers investment services
    2. You can subscribe to the Bonds by submitting orders through any Baltic financial institution where you hold a securities account, either via internet banking or by contacting your bank and inquiring about the procedure of subscription

    Q&A

    What is Summus Capital?

    Summus Capital is a real estate investment holding company founded in 2013. The company manages a portfolio of 15 commercial properties in Estonia, Latvia, Lithuania, and Poland, with a total rental area of approximately 253,000 m² and a portfolio value exceeding €500 million. The portfolio includes retail, office, logistics, and medical properties.

    What is this bond offer about?

    We are offering bonds to support the continued growth of our diversified real estate portfolio and ensure long-term financial flexibility. As an investor, this is your opportunity to join a well-established company with a consistent track record.

    What is Summus Capital’s past experience with bond issuance?

    Summus has previously issued 2 bonds and consistently met all its financial obligations. The first bond was fully redeemed in 2024. The company has built a solid track record with investors and the capital markets.

    When does the public offer of Summus Capital bonds begin?

    The public offer will begin on June 10th and end on June 20th. All relevant dates and official documents are available on our website and on the Nasdaq platform.

    Why invest in Summus Capital?
    • Proven, cash-flow-generating portfolio across 4 countries
    • Tenants include well-known reliable brands like Bank Pekao, RIMI, KPMG, H&M, and Lux Med
    • Strong financials: 36% equity ratio, DSCR 1.31x, 2024 Sales revenue 41.3m EUR, Operating Profit 31.3m EUR, total assets 551m EUR, total equity 188m EUR
    • Transparent reporting and award-winning investor relations
    How will the funds raised from the bond issue be used?

    Proceeds from the bond offering will be used for pursuing strategic acquisitions and maintaining financial flexibility for further growth.

    What are the expected returns?

    The bond offers 8% coupon per annum for the period of 4 years. Coupon is distributed quarterly.

    How can I invest?

    The offer will be available via selected banks and investment platforms. Instructions will be available on this site .

    Will the bonds be listed on the stock exchange?

    Yes, the bonds are intended to be listed on Nasdaq bond list, which allows trading on the secondary market, subject to market liquidity.

    When will I know how many bonds I was allocated?

    Bond allocation results are usually published shortly after the subscription period ends. Investors will receive confirmations through their bank or platform.

    What is the maturity of the bonds?

    The bond maturity (term) is 4 years after the issuance of the bond.

    Can I exit the investment before maturity?

    Yes. The bonds will be listed on Nasdaq bond list and tradable on the secondary market. However, market liquidity is not guaranteed and may vary.

    Can I modify or cancel my subscription order?

    Modifications or cancellations are generally only possible during the subscription period and depend on the rules of the bank or platform used. Please check with your service provider.

    How are bond interest payments taxed?

    Taxation depends on your country of residence and tax regulations. Investors are advised to consult their tax advisor or financial institution regarding applicable taxes on bond income.

    When will interest payments start?

    Interest payments will follow the schedule set in the bond terms and conditions. The first payment date will be September 30, 2025.

    Are the Summus Capital bonds secured?

    Details regarding bond security or guarantees will be specified in the prospectus. Investors are encouraged to review the terms carefully before investing.

    What happens if the bond offering is oversubscribed?

    In the case of oversubscription, bonds will be allocated proportionally with possible minimum amount guaranteed to all investors. Some investors may receive fewer bonds than they subscribed for.

    What are the minimum and maximum subscription amounts?

    Minimum subscription amount is the nominal amount of a bond which is 1000 EUR. Maximum is the whole amount of the issuance which is 30 000 000 EUR.

    Important information

    The information presented on this website relates to the public offering of bonds by Summus Capital OÜ. The information provided on this site may be presented in a summary, non-exhaustive, indicative, and non-binding format. The only legally binding information is found in the documents referred to under the section “Bond Terms and Conditions” (hereinafter referred to as the “Documents”) and only to the extent specified therein.

    The information provided on this website has not been verified by independent parties and must not be relied upon for making any investment decision or undertaking any obligations.

    The information presented here does not constitute an offer to sell or a solicitation to purchase any securities. The information on this website qualifies as advertising within the meaning of Regulation (EU) 2017/1129. The bonds described on the website are offered solely in Estonia, Latvia, and Lithuania and only on the basis of the “Documents.” The bonds are offered based on the documents available on the website, in accordance with Article 3(2) of Regulation (EU) 2017/1129 and the applicable laws of Estonia, Latvia, and Lithuania.

    Investing in the bonds of Summus Capital OÜ involves risks. The key risks that may affect Summus Capital OÜ’s ability to meet its obligations are described in the documents, which are published on this website. Should these risks materialize, the investor may not receive the expected return or may suffer partial or total loss of the invested amount. The list of risks provides an overview of the risks identified at the time the Information Document was prepared. It is not exhaustive. Additional risks related to Summus Capital OÜ, which are currently unknown or considered immaterial by the issuer, may also significantly impact its business, future outlook, operating results, and/or financial condition, as well as its ability to redeem the bonds.

    Before making any transaction related to the bonds of Summus Capital OÜ, you must ensure that you fully understand the nature of such a transaction and independently assess its appropriateness in light of your own objectives and circumstances. Potential investors must review the “Documents” before making any investment decision regarding the bonds. The information provided on this website and in the Documents should not be considered as investment, financial, legal, tax, accounting, or other professional advice or recommendation.

    If necessary, consult a qualified expert. Investors must independently investigate the potential financial, accounting, legal, and tax implications related to the issuance of and investment in the bonds.

    The public offering of Summus Capital OÜ bonds is carried out only in Estonia, Latvia, and Lithuania. The information presented in this section of the website is not intended, in whole or in part, directly or indirectly, for publication, distribution, or transmission in any jurisdiction or by any means where such publication, distribution, or offering would be unlawful. The bonds will not be sold or offered in any jurisdiction where such offering, marketing, or sale would be illegal or to any person subject to financial sanctions imposed by competent authorities. Visitors to this website who are subject to the laws of such jurisdictions must familiarize themselves with all applicable restrictions and requirements and act accordingly.