BoostMe, a manufacturer of premium superfood blends, raised approx EUR 220 000 via crowdfunding platform Funderbeam. We advised BoostMe in drafting and negotiating the transaction documents in all phases of the transaction. Ambitious goals Products from BoostMe are designed to help people manage solutions to different health-related challenges that they face in their daily lives. […]
Latvian authorities have handed a €1m fine to Rigensis Bank for violating an array of financial crime laws, the latest direct action taken by the country as it seeks to implement a suite of legislative reforms. The Financial and Capital Market Commission (FCMC) announced on Monday it was issuing a penalty to the Riga-based institution […]
Deals & Cases / Tomas Kontautas, Agnė Sovaitė, Dalia Augaitė
We assisted the joint lead managers in a dual tranche Eurobond issue by the Republic of Lithuania, which borrowed EUR 1.5 billion in the international capital markets by issuing two Eurobond issues – a 10-year Eurobond of EUR 650 million face value and a 30-year Eurobond of EUR 850 million face value. The decision to […]
Deals & Cases / Kristjan Nõmmik, Monika Tomberg
We advised Intrum on buying Danske Bank’s Estonian portfolio of overdue loans. Intrum is a market-leading innovative credit management company with extensive experience in financial and collection services and a presence in 24 European countries. Enhancement of Intrum’s market position Intrum acquired Danske Bank’s Estonian portfolio of overdue loans, which enhances Intrum’s market leading position […]
We advised Verse Payments Lithuania on obtaining an electronic money institution licence. Verse Payments Lithuania is a social payments app and is a fully owned subsidiary of Verse Technologies, based in Spain. Offers a full range of digital payment features The company plans to expand its operations in Lithuania and the EU offering users a […]