We advised VPH, one of the largest commercial real estate developers in Lithuania; and Riga Retail Park, owner of one of the largest lifestyle shopping centres in Latvia, on receiving a loan totalling EUR 48 million from Rietumu Banka for refinancing. This has been one of the largest loan financing transactions in Latvia in 2023. […]
We advised KGAL Investment Management GmbH & Co. KG (“KGAL”), a leading independent investment and asset manager with an investment volume of €16.5bn, on the leaseback transaction in relation to three new Airbus A220-300 aircraft with Air Baltic Corporation AS, the Latvian national airline and the leading carrier in the Baltic region. The lease agreements […]
We acted as transaction counsel in the up to EUR 80 million bond programme for Conexus Baltic Grid, a unified natural gas transmission and storage operator in Latvia. The Bond programme was arranged by Skandinaviska Enskilda Banken AB Helsinki Branch. For the time being Conexus Baltic Grid has decided to postpone its inaugural first issue. […]
Latvia has qualified for OECD Cape Town discount on financing rates for acquisition of essential aviation assets Sorainen, together with other Latvian law firms, assisted the Ministry of Transport of the Republic of Latvia to prepare an application to the European Commission. The aim of the application was for the Latvian aviation industry to qualify […]
We advised Česká spořitelna, a.s., the largest Czech bank, on providing financing to Rīgas satiksme, the main public transport provider in Riga, to acquire 20 new low-floor trams, that will improve transport accessibility for elderly people passengers with children, and people with movement disorders, and in general increase the number of passengers on environmentally friendly […]
