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We advised the investment management company INVL Asset Management during a key stage of the private equity fund formation process – the onboarding of the major institutional investors, the European Investment Fund (EIF) and pension funds, managed by asset management companies of Luminor bank, into INVL Private Equity Fund II. The fund is an important […]
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We advised the largest energy company in Estonia, state-owned Eesti Energia, on its EUR 50 million bond issuance targeted exclusively at retail investors. The public offering attracted participation from 4,715 retail investors, making it the largest retail-only bond issue ever conducted in the Baltics. With total demand reaching EUR 94.4 million, it also became the […]
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The International Swaps and Derivatives Association (ISDA) instructed Sorainen to provide country legal opinions on the enforceability and protection of financial collateral arrangements under Lithuanian law using ISDA documentation. Our team prepared two distinct legal opinions – one concerning the position of the collateral provider and the other of the collateral taker – both serving as […]
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We advised Metsäliitto Cooperative, a Finnish forest industry sector player, on selling its subsidiary Metsa Forest Latvia SIA to ACA Timber SIA. About transaction The arrangement aims further to increase the flexibility of Metsä Group’s wood supply. The divestment of the Latvian wood supply operations will not have a material financial impact on Metsä Group’s wood supply and […]
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We advised Salling Group, Denmark’s largest retail group, throughout its EUR 1.3 billion acquisition of the Rimi Baltic retail chain in Lithuania, Latvia, and Estonia. The acquisition was announced on 5 March 2025 and completed on 2 June 2025 after receiving the clearance from the European Commission and the FDI clearance in Lithuania. This is […]
