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Sorainen cross-border team assisted global leading BPO and customer experience company Webhelp in the acquisition of the majority of the share capital of top multilingual nearshore firm Runway BPO. Runway, which is headquartered in Riga – Latvia, brings an additional nine multilingual centres and 1,000 people across Latvia and new countries for Webhelp; Estonia, Lithuania, […]
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Sorainen advised Nordcurrent, the largest game development studio in the Baltic region, on acquisition of Ukrainian game development and animation studio Blam! Games Studios. After the acquisition, the Odessa-based company, currently employing 40 people, became the Nordcurrent Odessa office. The value of the transaction is undisclosed. Blam! Games Studios, established in 2009 in Ukraine, has […]
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Sorainen Estonia advised Elering, the electricity and gas transmission system operator in Estonia, in its successful EUR 225 million Eurobond issue. The bond matures in 2023, pays annually a coupon of 0,875% and will be listed on the London Stock Exchange. The proceeds will be used for refinancing the existing Eurobonds maturing in July this […]
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Deals & Cases
Lietuvos energija’s EUR 300 million green bonds issue, advised by Sorainen, won an award at the Climate Bonds 2018 yearly conference in London. The company received a Green Bond Pioneer Award for being the first one to develop a green bond financing tool in Lithuania. Funds attracted using green bonds can only be used for […]
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Sorainen advised Baltic Horizon Fund, managed by Northern Horizon Capital, in issuing 5-year unsecured bonds of EUR 30 million. The bonds bear a fixed rate coupon of 4,25% to be paid quarterly. The transaction took place under private placement regime and was subscribed by Baltic institutional investors, mainly comprised of pension funds, asset managers, insurance […]
