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Real estate fund manager in the Baltics changes ownership
We advised Danish Northern Horizon A/S on the sale of its Estonian subsidiary, Northern Horizon Capital AS, the management company of the listed real estate fund Baltic Horizon Fund (BHF). The transaction involves the sale of all 12,500 shares in Northern Horizon Capital AS to the partners of the private investment company Grinvest. Through its […]
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Leading Baltic real estate investment company issues EUR 30 million in bonds
We advised Summus Capital, one of the leading commercial real estate investment companies in the Baltics, on raising EUR 30 million through the public offering of bonds. First-ever public offering available to retail investors This marks the company’s third ever bond issuance; however, the previous two were targeted only at institutional investors. This was their […]
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The largest retail-only bond issue ever conducted in the Baltics
We advised the largest energy company in Estonia, state-owned Eesti Energia, on its EUR 50 million bond issuance targeted exclusively at retail investors. The public offering attracted participation from 4,715 retail investors, making it the largest retail-only bond issue ever conducted in the Baltics. With total demand reaching EUR 94.4 million, it also became the […]
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A new player in defence and cyber security
We advised New Nordic Asset Management during the process of obtaining an activity licence from the Financial Intelligence Unit and registering with the Estonian Financial Supervision and Resolution Authority. This allows them to act as a small fund manager for a limited partnership fund, focused on investing in high-potential startups in the national security, defence technology, […]
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GS Core received operating authorisation for debt collection
We advised GS Core on applying for an operating licence from the Estonian Financial Supervision and Resolution Authority (Finantsinspektsioon). GS Core is part of the Swedish financial holding company Marginalen AB and is involved in both credit purchasing and credit management. The client submitted the licence application to Finantsinspektsioon on 13 September 2024, which made […]