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Šiaulių bankas distributes EUR 75 million Restricted Senior Preferred Note issue
We assisted Luminor Bank in organising and distributing Restricted Senior Preferred Notes with a total value of EUR 75 million for Šiaulių bankas. The four-year bonds are issued with the issuer’s right to redeem them early after three years. The bonds will be listed on the Nasdaq Baltic Debt Securities List. Distributes bonds on the […]
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ME Investicija sells payment platform Viena sąskaita to Aktiva Finants
We are advising ME Investicija on the sale of Viena sąskaita, the largest bill payment platform in Lithuania. The Estonia-based investment company Aktiva Finants has acquired 100% of the company shares. The deal is expected to be closed by the end of 2021, following approvals from Lithuanian regulatory institutions. ME Investicija is an investment company, […]
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Canada-based Nuvei to acquire fintech startup Simplex
We are advising Nuvei, Canada-based payment technology company, on acquiring Simplex, a fintech startup providing fiat infrastructure to the cryptocurrency industry. The total value of the transaction is USD 250 million, and it is expected to be closed in the second half of 2021. Simplifying buying, selling and converting cryptocurrency Simplex delivers the infrastructure for users […]
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The CEB finances purchase of 100 new solo hybrid buses
We advised the Council of Europe Development Bank (CEB), the oldest European multilateral development bank with an exclusively social mandate, on providing funding to Kauno autobusai to purchase 100 new solo hybrid buses. High social and ecological impact of the project The project is expected to have a significant social impact by making public transport […]
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Important step in money laundering prevention in Lithuania: Guidelines on Customer Due Diligence
We collaborated with members of the Association of Lithuanian Banks, the Financial Crime Investigation Service and the Bank of Lithuania in preparing Guidelines on Customer Due Diligence. The purpose of the guidelines is to harmonize the processes of preventive action by market participants while achieving clarity and simplicity for users of financial services. First such […]