Linstow’s and SEB’s Latvian subsidiaries have entered into a lease agreement under which Linstow Baltic will develop and lease out to SEB Latvia a brand-new business centre to be located at 2 Ernesta Birznieka-Upīša Street in Riga, right across the street from Linstow Baltic’s recent development, the award-winning shopping centre Origo and the business centre […]
We advised Eleving Group in connection with one of the largest bond issuances ever by a private company headquartered in the Baltics. The bonds were issued at par, with an annual interest rate of 9.50% and maturity in 2026, in the form of a private placement to European professional investors, and are listed on the Frankfurt Stock Exchange. […]
While the draft Crowdfunding and Other Investment Instruments and Virtual Currencies Act published at the beginning of 2021, which intended to regulate virtual currency services further before the EU-wide regulation comes into force, did not proceed any further (more information available here) a new draft act with even stricter requirements has now been published. The […]
We advised Aurelia, a financial automation platform, on raising USD 3 million in seed funding led by Blossom Capital. IFTTT for finance Founded in April by a team of engineers and developers formerly of Wise and JP Morgan, Aurelia has been designed to help relieve the financial admin burden faced by small businesses across Europe. […]
We assisted Luminor Bank in organising and distributing Restricted Senior Preferred Notes with a total value of EUR 75 million for Šiaulių bankas. The four-year bonds are issued with the issuer’s right to redeem them early after three years. The bonds will be listed on the Nasdaq Baltic Debt Securities List. Distributes bonds on the […]