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FVE Systems, s. r. o.

FVE Systems, s. r. o. is a company operating in four European regions, building on long-standing experience in the development of renewable energy sources both in Slovakia and abroad. Its 12-member international team brings over thirteen years of expertise in the development, design, and construction of photovoltaic parks, with a total installed capacity of more than 72 MWp and a cumulative construction value of EUR 173,000,000. These projects were implemented between 2010 and 2013 in Slovakia, the Czech Republic, Romania, and Serbia.

The issuer’s intention is to use the proceeds from the bond issuance to finance the acquisition of new projects, land, and the construction of photovoltaic power plants, primarily in Croatia, Slovenia, Serbia, and Bosnia and Herzegovina.

Globally, there is a growing emphasis on sustainable energy sources, accompanied by pressure at the EU level to transition away from fossil fuels and replace them with renewable energy sources. The issuer’s core mission is to apply renewable energy solutions in practice on the widest possible scale and to support the implementation of meaningful and value-driven energy project solutions.

All raised funds will be invested in renewable energy projects aimed at reducing CO₂ emissions and, in the long term, contributing to lowering energy prices. The issuer and its affiliated entities currently have more than 18 projects in development, with a combined production capacity of 89.66 MW, representing a total investment volume of approximately EUR 58,000,000.

CURRENT BOND ISSUE OF FVE Systems, s. r. o.

BASIC INFORMATION ABOUT THE BOND

ISSUER NAME:

FVE Systems, s. r. o., with its registered office at Grösslingova 52, 811 09 Bratislava – Staré Mesto, Company ID: 54 688 264, registered in the Commercial Register of the Municipal Court Bratislava III, section: Sro, insert number: 161813/B, LEI: 3157007EM1C8DVKJE163

BOND NAME:

FVE Systems 7/2028

INTERNATIONAL SECURITIES IDENTIFICATION NUMBER (ISIN):

ISIN: SK4000025672

NUMBER OF BONDS AND NUMERICAL DESIGNATION:

1,000 units, each bond is marked with a serial number ranging from 0001 to 1000.

NOMINAL VALUE OF THE BONDS AS THE AMOUNT OF DEBT:

EUR 2,000

TOTAL VOLUME OF THE ISSUE:

EUR 2,000,000

ISSUE PRICE OF THE BOND (EP):

100% of the nominal value

DATE OF ISSUE:

July 1, 2024, from 9:00 AM CET (early applications will not be considered)

SUBSCRIPTION PERIOD:

From July 1, 2024, to July 1, 2025

USE OF FUNDS FROM THE BOND ISSUE:

The purpose of the issue is to secure the necessary resources for the expansion of the issuer’s business as well as the business of its affiliated entities in areas such as electrification, construction, design, and implementation of renewable energy projects. The main focus is on photovoltaic power plant projects.

METHOD OF INTEREST DETERMINATION:

The bonds will bear a fixed interest rate of 8% p.a. of the nominal value during the bond’s lifetime. The interest will be calculated semi-annually on the following dates: 01.01.2025, 01.07.2025, 01.01.2026, 01.07.2026, 01.01.2027, 01.07.2027, 01.01.2028, and on maturity 01.07.2028. The bonds will cease to accrue interest on the maturity or early repayment date in accordance with the terms of the issue.

INTEREST PAYMENT DATES AND METHOD OF PAYMENT:

Semi-annually: 01.01.2025, 01.07.2025, 01.01.2026, 01.07.2026, 01.01.2027, 01.07.2027, 01.01.2028, and maturity 01.07.2028. The first coupon will be paid on 01.01.2025. Interest will be paid by bank transfer to the account listed in the bondholder register maintained by the issuer as of the interest payment date. If the payment date falls on a public holiday or non-working day in the Slovak Republic, the interest will be transferred on the next working day.

REDEMPTION DATE OF THE NOMINAL VALUE OF THE BONDS:

July 1, 2028. After this date, the bonds will no longer bear interest.

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SUMMARY OF FVE SYSTEMS 7/2028 BOND ISSUE

EXECUTIVE SUMMARY

SECURITIES PROSPECTUS OF FVE Systems, s. r. o.

BASE PROSPECTUS

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