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 […]
Deals & Cases / Dalia Augaitė, Rimantas Bendorius
We advised Modus Group in launching a second public bond issue planned to attract investment of EUR 8 million. Funds will be used to refinance the EUR 5 million bonds issued three years ago and to finance renewable energy projects as well as development of sustainable mobility services. The bond issue is planned in two phases: […]
The UK is known as the largest insurance industry in the EU and the 4th largest in the world. According to the London Market Group, over GBP 9 billion of premium is brought annually to the London Insurance Market by brokers on behalf of EU clients. So, up until now, the UK has been a leading exporter of […]
Deals & Cases / Tomas Kontautas, Laura Matukaitytė, Liutauras Vasiliauskas
We advised Bittiq – a Netherlands-based company launching account information business across Europe. The Lithuanian subsidiary of Bittiq – Connectly – will be one of the first companies launching the business based on the new service under the second Payment Services Directive (PSDII) – account information service. Connectly enables consumer centric services based on analysis […]
We advised one of the leading insurers in Europe, Vienna Insurance Group (VIG), on the purchase of the remaining 9.17% shares in BTA Baltic Insurance Company (BTA). This means that VIG has become the only shareholder in BTA. Seeing the positive tendencies and perspectives in the Baltic insurance market, VIG decided to acquire 100% of […]