Deals & Cases
Sorainen advised Trustcom Financial in obtaining an e-money institution licence from the Bank of Lithuania. Trustcom Financial will provide electronic money and payment services and its customers will be able to open electronic money accounts. Sorainen advised Trustcom Financial on licensing, business model structuring and other issues. The Sorainen team included partner Tomas Kontautas, associate […]
Sorainen assisted CGTrader, a company managing the 3D models online marketplace, in attracting a EUR 2 million investment. At this stage the main investor is Estonian venture capital fund Karma Ventures. CGTrader is one of the biggest 3D model marketplaces in the world. Currently it offers almost 600,000 models and has over 1.1 million users. […]
Sorainen Belarus advised Eurotorg LLC, Belarus’ largest food retailer, on a USD 350 million bond issue for a 5-year term with an annual coupon rate of 8.75% maturing on 30 October 2022. The bonds have been issued by, and with limited recourse to, Bonitron Designated Activity Company for the sole purpose of financing a loan […]
Deals & Cases / Tomas Kontautas, Laura Matuizaitė-Mikštė, Liutauras Vasiliauskas
Sorainen advised Via Payments, part of the VIA SMS Group, in obtaining an e-money institution licence from the Bank of Lithuania. The company will provide e-money and payment services and will enable its customers to open electronic money accounts. Via Payments belongs to the Latvia-based VIA SMS Group of companies, which specialises in consumer loans […]
Sorainen advised PlusPlus on registering in a Public List of Consumer Credit Providers in Lithuania. In expanding its operations, PlusPlus is planning to acquire and administer consumer loan portfolios in Lithuania. A member of the PlusPlus group of companies, PlusPlus is owned by a pan-Baltic receivables management company with offices in Tallinn, Riga and Vilnius. […]
