We advised BaltCap, the largest private equity investor in the Baltic region, on the acquisition of Estonian-based Ridango, a provider of public transport solutions. Focus on the intelligent transportation systems sector Kristjan Kalda, partner at BaltCap commented that BaltCap had been keeping an eye on the intelligent transportation systems sector. ”For example, the Finnish company […]
We represented Sunly Land, a part of Sunly, the Baltic renewable energy and cleantech innovation energy group, in the issue of bonds in the value of up to 14 million euros with a 5-year maturity. LHV pension funds will invest in the bonds. Focus on solar power plants With the investment, Sunly plans to grow its […]
We assisted Bitė Group, controlled by international asset management company Providence Equity Partners, as Lithuanian, Latvian and Estonian law counsel in a refinancing transaction. Total disclosed value of the transaction is EUR 700 million. Largest bond issue by a private Baltic company to date The transaction covers two parts: A bond issue by PLT VII […]
We acted as legal advisor in Estonia, Latvia and Lithuania for OP Corporate Bank in financing Veho Group. The mandated lead arrangers in the syndicate were OP Corporate Bank, Nordea Bank and Danske Bank. Syndicated financing was the method used to finance the acquisition of Silberauto enterprises. Silberauto, established in 1990, is one of the […]
Our team in Lithuania, Latvia and Estonia, together with the European Bank for Reconstruction and Development (EBRD) and Richard Kemmish Consulting Limited, have presented their final report on the development of a pan-Baltic legal and regulatory framework for covered bonds. This is a significant step towards creating unified Baltic covered bond regulation, which will provide […]