News
CEE Legal Matters presented our team with the 2020 CEE Deal of the Year award for Lithuania for our work on the initial public offering (IPO) of state-owned energy company Ignitis Group. During the largest ever IPO in the Baltic States, the group raised EUR 450 million. The company’s shares were listed on the Nasdaq […]
We advised Clementer – an Estonian company intending to provide mainly mortgage-based loans – in obtaining a creditor’s licence. Our services and project team We assisted Clementer throughout the licensing process, including drafting internal rules, guidelines and other necessary documentation, advising in fit & proper proceedings for the managers of Clementer, advised in discussions with […]
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 are advising Nuvei, Canada-based payment technology company, on acquiring Simplex, a fintech startup providing fiat infrastructure to the cryptocurrency industry. The total value of the transaction is USD 250 million, and it is expected to be closed in the second half of 2021. Simplifying buying, selling and converting cryptocurrency Simplex delivers the infrastructure for users […]
Publication
We are happy to share with you our review of highlights in the sphere of banking and finance in Belarus for 2020–1Q2021. Overview of Belarusian banking and finance market 2020-1Q2021 Highlights of Вelarusian banking and finance sectors Changes to financial laws and regulations Transactions in the area of banking and finance handled by Sorainen team […]