We advised Credit Suisse on Latvian and Lithuanian law in connection with a EUR 27 million financing facility to Amber Beverage Group (ABG), an international producer and distributor of alcoholic beverages. The financing will improve the effectiveness of its operations and is the first step towards further ABG expansion. Our input We provided a mandatory […]
The project VPH, a developer and manager of world-class commercial real estate across the Baltics and Belarus, has acquired a plot of 14.45 hectares in Stopiņu novads (Latvia) from Verus Praedium (owner of the IKEA store in Latvia), for development of a new lifestyle shopping centre Sāga. Sāga is located next to the IKEA store […]
Deals & Cases / Augustas Klezys, Dalia Augaitė, Rimantas Bendorius
We advised Baltic Mill on issuing a third bond issue and listing the bonds on Nasdaq Baltic First North, an alternative bond market managed by Nasdaq Vilnius. The bond issue ‒ with a total value of EUR 3 million ‒ was organised by Šiaulių bankas. The annual coupon rate is 4.5% and the bonds mature […]
We advised LHV Varahaldus in investing in Peetri Keskus (Peetri Centre), situated in Peetri village on the outskirts of Tallinn. LHV pension funds have acquired secured bonds maturing in five years in the total value of EUR 8,5 million, issued by Peetri Keskus under two separate issues. Vahur Vallistu, CEO of LHV Varahaldus, said the […]
We will be advising the state-owned Ignitis Group, which is considering an initial public offering (IPO). Our team won the tender to consult on this project and signed a three-year contract with the group. The Ignitis Group IPO could be announced after the group delists the shares of its subsidiaries Energijos skirstymo operatoriaus (ESO) and […]