Deals & Cases / Dalia Augaitė, Tomas Kontautas, Rimantas Bendorius
In October 2019, a project to promote sustainable (green) investment was launched in Lithuania. In cooperation with the European Bank for Reconstruction and Development (EBRD), experts will prepare a country action plan on green finance and a feasibility study on establishing a Green Finance Institute in Lithuania. Our team, in partnership with Richard Kemish Consulting […]
Deals & Cases / Augustas Klezys, Dalia Augaitė, Rimantas Bendorius
We advised Baltic Mill, a Baltic grain processing group, on its successful two-year bond issue with a total value of EUR 3 million. With this bond issue, organised by Šiaulių bankas, our client refinanced a two-year bond emission issued in 2017, with redemption set for 4 November 2019. Comments Vygantas Reifonas, CFO of Baltic Mill: […]
We advised Nordea Bank and DNB, major financial services groups in northern Europe, on the financing that Nordea and DNB provide to Luminor Group for developing Luminor’s lending activities, group liquidity buffers and refinancing existing debt. Securing the financing We also advised Nordea and DNB in negotiating a highly bespoke collateral package to secure the […]
We are pleased to announce having advised Xllnc Nordic on the acquisition of Replace, acting as local advisors through Hansen Law, a world-class Swedish boutique law firm. Replace delivers mobile and IT equipment recycling services to large Nordic and European enterprises, while Xllnc delivers IT lifecycle management solutions to large corporations, the public sector and […]
Publication / Augustas Klezys, Laura Matukaitytė, Dalia Augaitė, Liutauras Vasiliauskas
On 17 October 2019, the Bank of Lithuania released Guidelines on Securities Token Offerings. The primary goal of the Guidelines is to provide clarity regarding the legislation on tokens that have features of securities. The Guidelines lay out the neutrality regulation policy exercised by the Bank of Lithuania in regard to technology, meaning that regardless […]