Deals & Cases / Lauri Liivat, Toomas Prangli, Isabella Barbara Tisenhusen, Kätlin Krisak, Piibe Lehtsaar, Monika Tomberg, Britta Retel, Liisa Maria Kuuskmaa, Nele Suurmets, Kristi Tammiku, Rūdolfs Eņģelis, Ieva Dagytė, Tomas Kontautas, Mārtiņš Rudzītis, Private: Karl Joonas Kendla
We are advising Luminor Bank (Luminor), the third-largest provider of financial services in the Baltics, on acquiring 99% of the shares of Maksekeskus (MKK), the leading e-commerce payment service provider in the Baltic region, from Omniva, Inbank, and Olsson & Nielsen Nordic. Strengthening presence in e-commerce The acquisition will strengthen Luminor’s presence in the fast-growing […]
Sorainen team is advising Nordic Investment bank, an international financial institution; and Citadele banka, one of the leading banks in Latvia, on providing financing to AS PN Project, a company managed by Lords LB Asset Management, for construction of an office complex certified excellent by BREEAM in Riga (Project). Our involvement We performed legal due […]
We provided full legal support to the Finnish special mutual fund Titanium Baltic Real Estate (Titanium) in its acquisition of the Ozols shopping centre in Riga from KS Holding, a real estate company co-owned by Kesko, Arturas Rakauskas and Zabolis Partners. The transaction was structured as a share deal and is Titanium’s first acquisition in […]
Sorainen Latvian office acted as Latvian law adviser to the joint lead managers Citigroup, Luminor Bank, Nordea and UniCredit on the issuance by Citadele banka of 200 million EUR in notes, due in 2026. The purpose The purpose of the issuance is to meet the Minimum Requirement for Own Funds and Eligible Liabilities (MREL). Proceeds […]
Deals & Cases / Jane Eespõld, Monika Tomberg, Rūdolfs Eņģelis, Paul Künnap, Dr Kaido Künnapas, Piibe Lehtsaar, Robin Teever, Britta Retel, Kaspar Endrikson, Private: Mirjam Metsik, Liisa Maria Kuuskmaa, Private: Jelizaveta Lazonen, Roberta Mark, Santa Rubīna, Aija Lasmane, Private: Karl Joonas Kendla
Acting as local counsel in Estonia and Latvia through international law firm Paul, Weiss, Rifkind, Wharton & Garrison, we advised funds managed by affiliates of Apollo Global Management, in connection with a bond issuing comprising of EUR 250 million Floating Rate Sustainability-Linked Senior Secured Notes due 2026 and EUR 380 million 4.625% Sustainability-Linked Senior Secured […]
