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Eiffel finances 177 MW renewable energy projects in the Baltics and Central Europe
We advised Eiffel Investment Group on a EUR 20 million debt financing agreement with Envolve Capital (formerly Modus Asset Management), one of the leading investment fund management companies specializing in energy transition in the Baltics and Central Europe. The financing will support the construction and commissioning of a 177 MW portfolio of solar and wind […]
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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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Lithuania borrows over EUR 2 billion in international markets
We represented banks-dealers in Lithuania’s issuance of two new Eurobond issuances: a €1 billion, 5-year bond and a €1 billion, 15-year bond. “Today, we have borrowed a significant amount, securing one-third of this year’s planned foreign borrowing. Additionally, for the first time since 2021, we issued a bond with a maturity of more than 10 […]
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We are acting as collateral agent for Longo Group bonds
We are acting as collateral agent in an issue of public secured bonds worth EUR 10 million by Longo Group, the largest used car retailer in the Baltic region. Our assistance Our assistance involved reviewing the base prospectus from the collateral agent’s perspective, drafting the Latvian and Lithuanian law governed collateral and collateral agent agreement, as […]
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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 […]