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Bitė Group refinances with EUR 550 million senior secured notes issue
We advised Bitė Group, a leading telecommunications and media group in the Baltics, on the issuance of EUR 550 million senior secured floating-rate notes due 2031, refinancing the Group’s existing notes. Bitė Group is an integrated telecommunications and media service provider in the Baltic, offering mobile communications, fixed broadband, Pay TV, media and contenct services in Lithuania, Latvia and Estonia. The Group is indirectly controlled by funds managed by Providence Equity Partners. Our team and services We advised the client in Lithuania and Latvia on all legal matters related to the issuance of the notes. Our team consisted of partners Augustas Klezys and Rūdolfs Eņģelis, counsels Vitalija Impolevičienė and Lina Aleknaitė-van […]
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EUR 3.5 million Legal Balance bond issue admitted to trading on Nasdaq First North
We advised legal technology company Legal Balance on the issuance of EUR 3.5 million bonds and their admission to trading on the Nasdaq First North alternative market in Lithuania. The transaction supports the company’s growth strategy and continued access to capital markets financing, while reflecting growing interest among Baltic companies in capital markets as an […]
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Multitude Bank provides EUR 16 million financing facility to Nordecum
We advised Multitude Bank plc, a Wholesale Banking business unit of Multitude AG, a listed European FinTech company, on providing a EUR 16 million financing facility to UAB Nordecum, a Lithuanian digital consumer finance company and part of Placet Group OÜ. The facility strengthens Nordecum’s funding base by refinancing existing arrangements and providing additional capacity […]
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Lithuania borrows EUR 1 billion on international markets
We represented banks-dealers in Lithuania’s issuance of a 7.5 year Eurobond issue with a nominal value of EUR 1 billion. “Despite the continued volatility in financial markets, today we have successfully borrowed EUR 1 billion. This transaction attracted a lot of demand, and high-quality investors participated in it, whose attention and loyalty Lithuania has maintained […]
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Lithuania borrows EUR 2 billion on international markets
We represented banks-dealers in Lithuania’s issuance of two new Eurobond issues with a nominal value of EUR 1.25 billion and a 5-year maturity, and with a nominal value of EUR 750 million and a 15-year maturity. “Lithuania took advantage of the favourable market situation and borrowed EUR 2 billion. We are delighted that our active […]