Consilium Optimum
8.0–8.5% bonds
The third issue of Consilium Optimum (Fastlink) secured bonds, offering a yield of 8.0–8.5% and a three-year maturity, is available for subscription until 15 of July.
Bond acquisition through OSUM Securities is free of charge.
INTEREST
8.0–8.5%
Per annum
Tenor
3 years
Until maturity
Collateral
Receivables
Sub. until
July 15
Investment Inquiry
A consultant will contact you within 1 business day.
Investment amount
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Why Fastlink?
One of the fastest-growing telecommunications companies in the Baltics, with a growing customer base, experience in capital markets, and a track record of disciplined financial management.
The fastest-growing telecommunications company in Lithuania
UAB Consilium optimum, operating under the name Fastlink, has been the fastest-growing fiber-optic internet provider in Lithuania in terms of market share since 2023. The company stands out for its efficient business model, high profit margins, and disciplined financial management.
43,000 customers – since 2021, the company has increased its customer base by an average of 25% annually.
Over the past five years, the company’s average annual revenue and profit growth (CAGR) has exceeded 30%.
Since 2022, the company’s total assets have more than tripled, reaching EUR 19.3 million in 2025.
Apart from the bonds, National Development Bank ILTE is the company’s only financial creditor.
A technologically advanced company operating in a favorable regulatory environment
Fastlink is a company that brings innovation to the local market: it was the first to introduce Smart TV, 4K UHD, and 10 Gbps internet technologies in Lithuania. The company offers one of the broadest ranges of telecommunications services on the market: fiber-optic internet, smart TV, mobile communications, video surveillance systems, 4G/5G, and more.
Under Communications Regulatory Authority (RRT) regulations, Fastlink may use the networks of dominant partner operators to provide its services.
Fastlink is the first and only internet provider in Lithuania to offer private customers internet speeds of up to 10 Gbps.
The company works with real estate developers such as Hanner, Citus, Omberg Construction and others to deploy its infrastructure in new real estate projects.
The coverage of Fastlink’s own fibre-optic network in Vilnius grew from 22% to 26% between 2024 and 2026.
Investor Webinar | July 2, 2026
Purchase bonds through these banks and brokers
Investors holding a securities account with at least one of the banks or financial brokerage firms listed below may submit a bond subscription order.
Latvia
Estonia
OSUM — the link between business and capital, between vision and form.
OSUM Securities is a financial brokerage firm responsible for origination and distribution of this bond issue. The distribution is carried out publicly through the Nasdaq Baltic exchange system, ensuring broad access for retail and institutional investors across all the Baltic countries.
OSUM Securities holds a Category B license
The company has been operating since 2009
OSUM provides capital raising, securities accounting, portfolio management, and intermediation services
Facts and Figures
Operations commenced in 2009
300 business clients
Projects implemented worth EUR 20 million
License B 108 · Bank of Lithuania
OSUM — the link between business and capital, between vision and form.
OSUM Securities is a brokerage firm responsible for organizing and distributing this bond issue. Distribution is conducted publicly through the Nasdaq Baltic exchange system, ensuring broad access to retail and institutional investors across the Baltic countries.
OSUM Securities holds a Category B license
The company has been operating since 2009
OSUM provides capital raising, securities accounting, portfolio management, and intermediation services
Facts and Figures
Operations commenced in 2009
300 business clients
Projects implemented worth EUR 20 million
License B 108 · Bank of Lithuania
We guide you through the
investment process
3 simple steps from inquiry to ownership.
We contact you
We identify required documents and assess your risk profile in accordance with EU AML/KYC requirements.
Sign and fund
Sign the agreement, open your account and transfer your funds before the issue closes on X June.
Frequently Asked Questions
Are these bonds insured?
The bonds are secured by the company’s tangible assets — this provides additional protection to investors in the event of a debt claim. However, they are not insured by the state deposit insurance system. Investing in securities involves risk.
How and when are interest payments made?
Interest is paid quarterly — four times per year, transferred to the investor’s designated account. The first interest payment occurs three months after the issue closes. Exact dates are specified in the Final Terms.
What is the minimum investment amount?
The minimum investment amount is EUR 1,000 (one bond). Additional purchases can be made in EUR 1,000 increments. There is no maximum amount restriction.
What are the investment fees through OSUM Securities?
Bond acquisition through OSUM Securities is free of charge. No purchase commission is applied.
Can I sell the bonds before maturity?
The minimum investment amount is EUR 1,000 (one bond). Additional purchases can be made in EUR 1,000 increments. There is no maximum amount restriction.
Is it possible to invest through a legal entity?
Yes — both individuals and legal entities may invest. For legal entities, additional documentation requirements apply in accordance with AML/KYC regulations.
How does redemption work at maturity?
Upon expiration of the 3.5-year term, the issuer returns the nominal value of the bonds together with the final interest payment. The transfer is made automatically to the securities account.
What is Consilium Optimum and Fastlink?
UAB Consilium Optimum (company code 300049915) is a Lithuanian telecommunications company operating under the Fastlink brand. It provides fiber-optic internet, IPTV, mobile communications, video surveillance, and IT solutions throughout Lithuania.
Frequently Asked Questions
The coupon rate is 8.00%, 8.25% or 8.50%; the final rate is set by auction at the end of the offering. The interest rate is fixed for the entire term of the bonds. The coupon is paid twice a year (in semi-annual payments).
Investors submit bids stating the amount they wish to invest and the annual interest rate that suits them, for example: 8.0%, 8.25% or 8.5%. Once the auction closes, the issuer sets a single final interest rate from the stated range.
Bonds are allocated only to those investors whose chosen interest rate is equal to or lower than the final rate. All successful investors receive the same fixed annual interest rate, regardless of whether they chose 8.0%, 8.25% or 8.5%.
The final redemption date is 20 July 2029 (a 3-year term).
The nominal value of one bond is EUR 1,000. The minimum investment is EUR 1,000 (one bond).
The issuer has the option to redeem the bonds early by paying an additional early redemption premium: at 101.0% (if redeemed after 6–12 months), at 100.5% (after 12–24 months) and at 100.0% (after 24 months).
Yes, these are bonds secured by pledge. The pledged assets are first-rank claims to receivables under contracts signed with customers. The value of the pledge is based on contract cash flows: in April 2026, income from contracts was ~EUR 698 thousand, and total future cash flows are ~EUR 19.5 million (46,516 contracts). More detailed information is provided in the Information Document.
The following covenants apply:
- a pledge of claims under customer contracts;
- net debt / EBITDA < 4;
- an equity ratio > 25%;
- no dividend payments;
- periodic reporting obligations.
The bondholders' trustee is UAB Audifina. The trustee represents the interests of the bondholders and administers the pledge. Contact details are provided in the Information Document.
No. These bonds do not offer a guaranteed return. Although the bonds carry a fixed annual interest rate, the payment of interest and the repayment of the invested amount depend on the issuer’s ability to meet its financial obligations.
The main risks associated with these bonds:
- Issuer risk – if the issuer were to face financial difficulties, it may delay interest payments or the repayment of the invested amount.
- Liquidity risk – an investor may find it difficult to sell the bonds before maturity, or may have to sell them at a lower price.
- Interest rate risk – if market interest rates change, the value of the bonds in the secondary market may decline.
- Market risk – the value of the bonds may be affected by economic conditions, investor demand and general developments in the financial markets.
Before investing, it is important to assess all risks associated with the bonds and to review the issue documents.
No. The bonds are not a bank deposit and are not covered by any deposit or investment protection scheme. In an unfavourable case, you may lose part or all of the invested amount.
The public offering is carried out in the Baltic states; all persons (individuals and legal entities) holding a securities account with a financial institution in one of the Baltic states may invest. A securities account and a settlement account linked to it are required. Applications can be submitted through intermediaries:
- Lithuania – OSUM Securities, SEB, Swedbank, Citadele, Artea, Evernord, Orion, Luminor;
- Latvia – Signet Bank, Luminor, Citadele, SEB, Swedbank, BluOr;
- Estonia – Luminor, SEB, Swedbank, LHV, Redgate Capital.
The offering period runs until 15 July 2026; some intermediaries may accept applications for a shorter period. An application can be cancelled or amended until the end of the offering period – check the exact procedure and deadline with your intermediary. OSUM Securities does not charge a subscription commission for purchasing these bonds; the fees of other banks / distributors may differ.
If demand exceeds supply, applications may be satisfied only partially. If an application is satisfied only in part, the unused funds are returned after the results are announced; the exact refund procedure depends on the intermediary.
Holders of existing UAB Consilium Optimum bonds LT0000409047 and/or LT0000411266 may submit an exchange order during the offering period through their brokerage firm or bank, indicating the number of bonds to be exchanged and the desired annual interest rate (8%; 8.25% or 8.5%). Bondholders who exchange their bonds will also be paid a premium of 1% (LT0000409047) or 1.5% (LT0000411266) plus accrued interest. The exchange offer period and procedure may differ depending on the intermediary.
Yes – when submitting an exchange application, you must indicate the number of bonds you wish to exchange. The minimum amount is 1 unit (EUR 1,000 nominal).
Yes. Bondholders may submit several exchange applications, having arranged this with the intermediary where the bonds are held. The applications submitted may differ in quantity and desired interest rate. For example, an investor may submit one application to exchange 5 units at 8% interest and another to exchange 10 units at 8.25% interest. If, after the offering, the issuer were to set the final interest rate at 8%, only the first order would be satisfied; if the final interest rate were 8.25% or higher, both exchange applications would be satisfied.
Bonds that are not exchanged for new ones will be redeemed early after the end of the offering at their nominal value, together with the early redemption premium and accrued interest (provided that the offering of the new bonds is completed successfully).
Yes. In order for the bonds to qualify for the Lithuanian investment account regime, an effort will be made to admit them to trading on Nasdaq First North on the issue date. In any case, the issue will be admitted to trading no later than 3 months after the issue date.
The market price of the bonds is affected by interest rate risk: when market interest rates rise (e.g. the ECB rate), the price of a fixed-coupon bond tends to fall, and vice versa; the issuer’s financial condition and liquidity also have an impact.
Liquidity risk means that, if an active secondary market does not develop, it may not be possible to sell the bonds quickly, or they may have to be sold at a discount.
The audited financial statements of UAB Consilium Optimum are available on the issuer’s website fastlink.lt and on the Nasdaq Baltic website nasdaqbaltic.com.
In order for the bonds to qualify for the Lithuanian investment account regime, an effort will be made to admit them to trading on Nasdaq First North on the issue date. In any case, the issue will be admitted to trading no later than 3 months after the issue date.
* For questions regarding the interpretation of taxes, we recommend consulting the State Tax Inspectorate (VMI).
This information is of a marketing nature and does not constitute an investment recommendation. Before making an investment decision, OSUM Securities advises consulting a financial adviser and assessing all risks associated with the bonds. Investing in securities involves risk, and an investor may lose part or all of the funds invested. Past performance does not guarantee future returns.
Do you have questions about the bonds?
Our Capital Markets team is on hand to answer all your questions about the Consilium Optimum issue, the investment process and the terms of the bonds.
By submitting this form, you agree to our privacy policy. OSUM Securities may contact you by email or telephone for registration or marketing purposes.
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