-
Saules BESS to implement an energy storage project through EUR 22 million bond issues
We advised Saules BESS, a Latvian developer of battery energy storage systems (BESS) integrated with solar energy infrastructure, on the structuring and issuance of secured bonds and subordinated bonds to support their business expansion. About the project The newly installed BESS units will be co-located with existing solar power plants. This will enable the implementation of […]
-
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 […]
-
Citadele banka completes successful bond issues
We acted as Latvian legal adviser on two successful bond issues completed by Citadele banka. Bond issue of EUR 300 million onto international markets Citadele banka has issued EUR 300 million of senior preferred unsecured bonds, for which we advised joint lead managers Citigroup, Morgan Stanley and Unicredit, as well as Citadele banka, which was […]
-
Bitė Group issues EUR 200 million additional bond issue
We advised the leading telecommunications and media group in the Baltics, Bitė Group, on the issuance of an additional EUR 200 million bond issue. This is an addition to the record-breaking EUR 920 million bond issue in the Baltics, which the group carried out this spring. Bitė Group offers a wide range of mobile and […]
-
Latvijas Banka has issued a crowdfunding service provider licence to FLOW
We are pleased to announce that on 27 August Latvijas Banka issued a crowdfunding service provider licence to FLOW. Congratulations to the FLOW team on this significant achievement! About FLOW FLOW is a new crowdfunding service provider on the Latvian market. The company is authorized to provide loan facilitation services (also known as loan-based crowdfunding) and […]