We advised Estonian sauna solutions producer Saunum Group in the IPO and subsequent admission to trading on First North alternative market operated by Nasdaq Tallinn. Estonian based Saunum Group specialises in the development, production and sale of innovative sauna devices. Exceptional interest from investors The offering targeted to Estonian retail and institutional investors was 10 […]
Our team advised on establishing the State Aid Fund for Business which will invest public and private funds in medium and large enterprises affected by Covid-19. This is the first fund of its kind in the Baltic states. The planned size of the fund’s investment portfolio is EUR 1 billion. The Lithuanian government will provide […]
Deals & Cases / Tomas Kontautas, Dalia Augaitė, Agnė Sovaitė, Rimantas Bendorius
We assisted the joint lead managers in a dual tranche Eurobond issue by the Republic of Lithuania, which borrowed EUR 2 billion in the international capital markets by issuing two Eurobond issues – a 5-year Eurobond of EUR 750 million face value and a 10-year Eurobond of EUR 1 billion 250 million face value. This […]
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 […]
News / Tomas Kontautas, Rimantas Bendorius, Dalia Augaitė
Positive developments in the Lithuanian legal framework and capital markets are preparing the ground for Lithuania to become a pioneer in green and sustainable finance among the Baltic and Nordic states. In order to achieve that goal and to develop an effective sustainable finance strategy, a Lithuanian Green and Sustainable Finance Strategy Workshop will take […]