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CJEU rules in favor of our client on dividend tax exemption
We successfully represented Nordcurrent Group in a landmark case in which the Court of Justice of the European Union (CJEU) clarified the application of dividend tax exemption rules. The Court ruled in favour of our client, challenging the approach taken by Lithuania’s State Tax Inspectorate (STI) and setting a significant precedent across Europe. The process, […]
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President of Lithuania Valdas Adamkus establishes endowment fund
The philanthropic activities of H.E. Valdas Adamkus, former President of the Republic of Lithuania, and his late wife Alma Adamkienė will be continued by the established endowment fund. Alma and Valdas Adamkus Charity and Support Fund with restricted capital will support the Valdas Adamkus Presidential Library-Museum in Kaunas as well as gifted students in schools […]
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Šiaulių bankas placed a EUR 50 million note issue on the international market
We assisted the lead manager Goldman Sachs Bank Europe SE in organising and placing the EUR 50 million issue of Fixed Rate Reset Perpetual Additional Tier 1 Temporary Write Down Notes (AT1) for Šiaulių bankas. The notes have been allocated to almost 20 institutional and professional investors, mostly from the United Kingdom. First AT1 issuer […]
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Šiaulių bankas successfully placed a EUR 300 million bond issue on the international market
We represented bank-dealers in AB Šiaulių bankas’ issuance of EUR 300 million 4.25-year senior preferred fixed rate notes at the annual fixed rate of 4.853%. Demand for Šiaulių bankas inaugural Eurobonds reached massive > EUR 1.5bn. The notes’ issue date is 5 September 2024. They will be traded on the Euronext Dublin market. They have […]
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NORD/LB finances one of the largest wind farm project in the Baltics
We advised NORD/LB, KfW IPEX Bank and Nordic Investment Bank on providing long-term financing totaling around EUR 326 million to LT Energija to construct the new Pagėgiai wind farm. The plans will make it one of the largest wind farms in the Baltic States. The wind farm, located on around 1,000 hectares, will have an […]