We advised Solarisbank AG, Europe’s leading Banking-as-a-Service platform, on an acquisition of Contis Group Ltd, which provides full back-end & front-end payments services. Companies have successfully brought their previously disclosed partnership to completion, entering into a definitive business combination agreement. With a valuation of EUR 1.4 billion, Solarisbank and Contis expand their leadership in the […]
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 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 […]
Sorainen Belarus advised the International Finance Corporation (IFC) in connection with its lending of an amount of BYN equivalent to USD 10 million to Priorbank. The loan is aimed at supporting the borrower’s working capital, as well as its trade-related lending programme for Belarusian small and medium enterprises (SMEs) in direct response to the COVID-19 […]
We advised Estonian payment service provider Wallester in submitting an application to the Estonian Financial Supervision and Resolution Authority (Estonian FSA) to provide services cross-border in all EU and EEA states. Unique business model Wallester has a unique business model, being a licensed white label VISA Card issuer and the payment provider specialising in offering transaction processing […]