The World Health Organization has declared the coronavirus (COVID-19) outbreak as a global pandemic. With that in mind, we have prepared relevant information for insurance companies, insurance brokers and policyholders to help identify the most relevant Q&A for separate insurance lines. Note: Insurance policies may have different coverage, so we recommend analysing each contract individually. […]
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 […]
The Estonian Money Laundering and Terrorist Financing Prevention Act was amended in January 2020 whereby virtual currency service providers will be treated equally to financial institutions. The amendments are due to come into force on 10th March 2020. The deadline for implementing the changes within […]
Sorainen advised the European Investment Bank (EIB) on its two lending transactions with the largest Belarusian banks totalling up to EUR 105 million. The EIB is a non-profit lending institution of the European Union established in 1958 under the Treaty of Rome and the world’s largest multilateral lender supporting sustainable investment projects that contribute to EU […]