On 30 June 2021 a ceremony was held to open the construction site for the Rail Baltica station at Riga International Airport. The event signified the launch of the construction process of the Rail Baltica station and related infrastructure at Riga International Airport. The Project The specific project is part of Rail Baltica – the […]
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 […]
Deals & Cases / Tomas Kontautas, Sergej Butov, Dalia Augaitė, Inga Macijauskaitė, Agnė Sovaitė, Evaldas Dūdonis, Rimantas Bendorius, Asta Augutytė-Rapkevičienė, Julija Kirkilienė, Svetlana Rudaja, Saulė Dagilytė, Gerda Skirbutienė, Sidas Sokolovas, Almina Ivanauskaitė, Rūdolfs Eņģelis, Inese Heinacka, Kätlin Krisak
Our team has been advising the state-owned energy company Ignitis Group in preparation for the initial public offering (IPO) and admission to trading on the Vilnius and London stock exchanges. Through the IPO, the group will offer investors 20.9 million shares (27.8% of the issued capital). Some of the shares will be distributed on the […]
Sorainen in close co-operation with lead advisor Loyens & Loeff (Brussels) and the client’s financial and technical teams provided full legal assistance at the bidding stage to Kekava ABT consortium members in relation to participation in this landmark PPP project in Latvia – Kekava Bypass. About the project Kekava Bypass will become a part of […]
We assisted Bitė Group, controlled by international asset management company Providence Equity Partners, as Lithuanian, Latvian and Estonian law counsel in a refinancing transaction. Total disclosed value of the transaction is EUR 700 million. Largest bond issue by a private Baltic company to date The transaction covers two parts: A bond issue by PLT VII […]