-
We are advising Primekss, the Latvian company active worldwide in the fibre reinforced concrete business, in securing financing from Altum (EUR 8 million) and the OP Corporate Bank plc Latvian branch to promote the further growth of Primekss. Supporting development Primekss owner Jānis Ošlejs says, “The funding from Altum equity fund for our development is vitally […]
-
Sorainen Latvia advised Luminor on taking over a client portfolio in Latvia from Danske Bank’s branch in Lithuania. About the transaction Rūdolfs Eņģelis, head of the firm’s Finance & Insurance practice group, commented, “It is encouraging to observe that the number of complex transactions is gradually increasing in the Latvian financial market, thus confirming the […]
-
We provided legal assistance and represented the client in a post-M&A dispute, which arose from foreign investment in a Latvian company. Development of the proceedings To ensure a positive outcome for the client, in national court we requested security of the claim before initiating the arbitral proceedings. Subsequently, we initiated the arbitral proceedings in the […]
-
We assisted US bank JP Morgan and French bank BNP Paribas in organising a five-year bond issue with a total value of USD 300 million for Avia Solutions Group – a Lithuanian aviation services group ‒ at an annual interest rate of 7.875% and a maturity date of 2024. The bonds were issued in US […]
