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Šiaulių Bankas has placed EUR 300 million bond issue in the international market
We represented bank-dealers in AB Šiaulių bankas’ issuance of EUR 300 million 5.25-year senior preferred fixed-rate reset notes with an optional call date and interest rate reset at 4.25 years from issue. The annual fixed rate coupon on the notes up to the reset date will be 4.597%. The settlement will take place on 25 […]
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CVI finances acquisition of TOKS shares by Žabolis Partners
We advised funds managed by the Polish private debt investment firm CVI Dom Maklerski on a secured bond issue. Investment group Žabolis Partners used the proceeds from this issue to acquire a majority stake in the bus company Tolimojo Keleivinio Transporto Kompanija (TOKS). TOKS is one of the largest companies in the passenger transport industry […]
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One of the largest fintech deals of the year in Lithuania – Nuvei sells part of their shares to Advent International
We advised the global payment technology company Nuvei on selling part of their shares to Advent International. Nuvei will be delisting from a stock exchange in Canada and once the company goes private, the existing shareholders, Philip Fayer, Novacap and CDPQ, will indirectly hold approximately 24%, 18% and 12% of the shares, respectively. The value […]
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EBRD lends EUR 3 million to Lithuanian fintech company Noviti
We advised the European Bank for Reconstruction and Development (EBRD) on providing a EUR 3 million loan to Noviti, a fintech company based in Lithuania that finances small, micro and medium-sized enterprises (MSMEs). The loan will help Noviti expand its digital lending services to Polish MSMEs, increasing their access to finance across the country. As […]
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smeGo attracts EUR 25 million investment from German financial institution
We advised a German financial institution on making a EUR 25 million investment in smeGo, the Lithuanian-owned financial services platform. The funds raised will be allocated for the development of financial products aimed at small and medium-sized enterprises (SMEs). Invoice financing is one of smeGo most popular funding services, alongside business loans, credit lines, and […]