-
Deals & Cases / Tomas Kontautas, Agnė Sovaitė, Jurgita Nikita
The Lithuanian Insurers Association has issued guidelines on conclusion of non-life insurance contracts. All insurance companies that are members of the association aim to apply the guidelines in their activities. This self-regulatory document was prepared by the association together with Sorainen experts. The aim of the guidelines is to keep up with the constant development […]
-
Contrarian Ventures, advised by Sorainen, won a tender to become manager of a venture capital fund established by Lietuvos Energija. The state-owned energy company invested EUR 5 million in the fund. The same amount is expected to be attracted from other investors. The total amount of the fund could reach EUR 10 million. The fund […]
-
Sorainen assisted the Lithuanian Ministry of Finance in issuing two (ten and thirty–year) Eurobonds and borrowing EUR 750 million and EUR 550 million accordingly. The ten-year EUR 750 million Eurobond will have the lowest coupon in the country’s history at 0.95%. The Eurobond has been issued at a yield of 1.129% and an issue price […]
-
Sorainen advised the Lithuanian Ministry of Finance working in cooperation with the European Bank for Reconstruction and Development (EBRD) on implementing a project aimed at introducing covered bonds and securitisations in Lithuania, and providing a roadmap for the redrafting of relevant laws. This project is one of the priorities set in the programme of the […]
-
Deals & Cases / Tomas Kontautas, Vytautas Sabalys, Laura Matukaitytė
Sorainen advised IBS Lithuania in the process of obtaining an e-money licence from the Bank of Lithuania. The company will be administering payment systems that allow rapid and inexpensive money transfers from Europe to Asia and vice versa. The payment systems will enable opening electronic accounts, issuing e-money, saving money and providing payment services. IBS […]
