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 […]
Belarus begins the new year hoping to quickly resolve current uncertainty in relations with Russia. Problems began a year ago when the President and the Government of Belarus raised the issue of compensation for losses to the Belarusian budget due to a Russian tax manoeuvre as well as the issue of elimination of barriers in […]
We advised the European Bank for Reconstruction and Development (EBRD) on provision of a more than EUR 200 million financing package to Belarusian subsidiaries of the Kronospan group. EUR 40 million out of this package will be syndicated to commercial banks. Kronospan group is the market leader in the wood-based panel sector. It manufactures wood-based […]
Deals & Cases / Eva Berlaus, Jānis Bite
We are advising UniCredit on the disposal of UniCredit Leasing and its operations in the Baltics to Citadele Bank. The transaction involves branches of UniCredit Leasing in Lithuania and Estonia as well as its subsidiary UniCredit Insurance Broker and its branch in Estonia. Our role in the acquisition Our assistance covers all legal aspects of […]
We acted as legal advisor in Estonia, Latvia and Lithuania for OP Corporate Bank in financing Veho Group. The mandated lead arrangers in the syndicate were OP Corporate Bank, Nordea Bank and Danske Bank. Syndicated financing was the method used to finance the acquisition of Silberauto enterprises. Silberauto, established in 1990, is one of the […]