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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 […]
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Gjensidige completes sale of its business in the Baltics to ERGO
We advised the Norwegian non-life insurance company Gjensidige Forsikring on completing the sale of its business in the Baltics to ERGO International AG, a company that manages ERGO’s international business portfolio. All conditions necessary for the completion of the transaction have been fulfilled according to schedule, such as the required regulatory approvals in Lithuania, Latvia […]
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The largest Polish bank is opening a representative office in Lithuania
We provided advisory services to the largest Polish bank, PKO Bank Polski (PKO PB), in establishing a representative office in Lithuania. According to Marek Radzikowski, the bank’s vice-president responsible for operations and international banking, PKO PB’s strategy involves opening eight new foreign units by 2027: four branches and four representative offices. In choosing Lithuania, the […]
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Second MiCA licence issued in Latvia in a single week goes to Nexdesk
Another Sorainen client, Nexdesk, has secured a licence to provide crypto-asset services under the MiCA (Markets in Crypto-Assets) Regulation. This is the third licence issued in the Baltics so far, and among the first in Northern/Eastern Europe. About Nexdesk Nexdesk is a sister company of Nexpay, an electronic money institution based in Lithuania; however, its […]
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BlockBen makes history as the first MiCA-licensed company in Latvia and one of the first in our region
Sorainen client BlockBen SIA makes history as the first company in Latvia (as well as the second in the Baltics, and among the first in Northern/Eastern Europe) to receive a licence for providing crypto-asset services under the landmark MiCA (Markets in Crypto-Assets) Regulation. About the deal BlockBen SIA belongs to a group of related companies […]