We assisted Luminor Bank in organising and distributing EUR 85 million Restricted Senior Preferred Notes for Šiaulių bankas. The amount of the total outstanding bonds increased to EUR 160 million Šiaulių bankas completed a tap issue of EUR 85 million of last year‘s 4-year senior preferred 1.047% coupon bonds. With a tap issue, the amount of the total […]
We advised LABA7, a Lithuanian startup developing innovative suspension testing and servicing tools, on attracting EUR 640,000 in investment from the CoInvest Capital fund in cooperation with 44 members of the Lithuanian Business Angel Network LitBAN community. On the way to become leaders in cycle, motorcycle and car sports The new funds will allow LABA7 to […]
We assisted Invalda INVL, the leading investment management and life insurance group in the Baltic region, in signing an agreement with Šiaulių bankas, the largest bank with Lithuanian capital, to merge their retail businesses. The equity value of the deal value – EUR 40.2 million. After the closing of the transaction, the Šiaulių Bankas group, […]
From now on, the obligation to provide certain information to the Bank of Lithuania is also established for companies providing unlicensed financial services. Non-banking financial companies or their branches established in Lithuania providing B2B lending (including mortgage loans) and B2B financial leasing services and meeting the significance criterion will be required to provide the Bank […]
We acted as transaction counsel in the up to EUR 80 million bond programme for Conexus Baltic Grid, a unified natural gas transmission and storage operator in Latvia. The Bond programme was arranged by Skandinaviska Enskilda Banken AB Helsinki Branch. For the time being Conexus Baltic Grid has decided to postpone its inaugural first issue. […]
