SBA Urban has successfully redeemed a bond issue of EUR 1.5 million ahead of schedule, which was initially offered to investors with a 7.25% annual return for their Pasaka project. This decision reflects the company’s commitment to its investors, having built trust with over 280 individuals who participated in the bond issue. At present, construction on the Pasaka project is progressing rapidly, with over 80% of the homes in the development already reserved, indicating strong market interest and demand.

The bond was issued in April 2025 through the BeMyBond platform and was distributed in a single tranche. The structure of the bond provided an attractive interest rate, especially considering the market conditions of 2025, and the planned term for the investment was two years. The ability to redeem the bonds so early highlights SBA Urban's solid financial standing and operational efficiency in managing the project while also reassuring investors about further opportunities in home sales and additional developments.

CEO Andrius Mikalauskas stated that the company's extensive experience and reliable reputation have played a pivotal role in securing funding at favorable rates. Looking ahead, SBA Urban aims to continue capitalizing on this momentum by offering more homes for sale in the neighborhood and involving investors in other promising projects, showing a proactive and strategic approach to growth and development in the region.