Banking Experience

Lithuanian Ministry of Finance

Borrowing in international capital markets

 

EUR 500 million
and
EUR 1 billion

 

 

Combining operations with DNB in Estonia, Latvia and Lithuania

 

Transfer to the Swedish parent company of Baltic banking business operated by Nordea Bank Finland in Estonia, Latvia and Lithuania

 

Financing the buyer of performing and non-performing credit portfolios from Latvijas Krājbanka (in insolvent liquidation)

Over 3,000 clients in portfolios

Sale of deposit, lending and brokerage business plus investment funds and pension fund business to Citadele banka

 

Grant of loan to Norwegian real estate development group Schage for development of Quadrum Business City in Vilnius

approx EUR 55 million

 

Successful secured bond issue for a term of three years with an annual fixed interest rate of 8%

EUR 4 million

 

Lithuanian Ministry of Finance

EU presidency-related matters: preparations for meetings of the Economic and Financial Affairs Council (ECOFIN)

European Bank for Reconstruction and Development

Extension of loan for Evrotorg to finance the company’s investment projects and the grant of a 7-year loan to the Minsk Soft Drink Factory 

EUR 10 million
and
EUR 10 million

 

Issue of new bonds, rollover of existing bonds and obtaining credit facility from Citadele banka up to EUR 1.6 million

 

Four major Scandinavian banks – DNB Bank, Nordea Bank Norge, Skandinaviska Enskilda Banken and Swedbank

Concluding financing agreement with Norwegian company Höegh LNG

EUR 193 million

 

Nordic Environment Finance Corporation (NEFCO)

Grant of loan to Vitebsk Meat Packing Plant, the first loan in Belarus under the Cleaner Production Facility programme

Eurobond issue by Eesti Energia

EUR 300 million

 

Bank of America Merrill Lynch

Cross currency swap transaction with the Ministry of Finance (representing the Republic of Lithuania) related to the Lithuanian Government 

approx EUR 1.14 billion

 

Obtaining licence from the Estonian Financial Supervision Authority

 

Attracting long-term loan facilities to invest in modernisation and expansion of internet and TV networks, development and improvement of services 

EUR 28 million

Transferring title to an aircraft which served as collateral for a loan agreement 

Outstanding amount of loan agreement approx EUR 6.7 million

 

HBSI Production

Demands for payment under first demand guarantees 

approx EUR 180,000

 

VCA Baltic Retail Fund

Obtaining loan from Pohjola Bank for construction of a new hypermarket in Riga 

EUR 8.7 million

 

Consortium of leading Estonian and Finnish banks, including SEB Bank, Nordea Bank and Pohjola Pankki

Syndicated financing to Viru Keemia Grupp

EUR 253 million

Becoming the first real estate fund to list on the Estonian market

 

Arranging syndicated loans to Baltic Trust Bank, Norvik Banka 

Loans totalling over EUR 50 million

 

Eksportfinans

Issue of financing for acquisition of three new ferries 

EUR 81 million

 

Government of the Republic of Latvia

Parex banka bailout, and winning Constitutional Court case 

>>> See also latest Banking transactions which we advised

Home Expertise Practice areas