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We advised DECENTRALIZED GLOBAL PAYMENTS, S.L., a part of Block Inc. group, in the sale of its subsidiary holding an e-money institution license, Verse Payments Lithuania, UAB. This transaction marks a significant step in the fintech sector and opens new opportunities in the financial services market. It is expected, that the new owners will continue […]
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Deals & Cases / Jonas Kiauleikis, Sergej Butov, Tomas Kontautas, Dr Daivis Švirinas, Mantas Petkevičius, Indrė Pelėdaitė, Aliaksei Vashkevich, Aurelija Daubaraitė, Jurgita Tekorienė, Sidas Sokolovas, Linas Petronaitis, Auridas Litvinas, Barbora Bernatonytė, Aušra Kunčiuvienė, Izabelė Petrikaitė, Danas Šniutė, Raminta Matulytė, Simonas Šlitas, Andis Burkevics, Renāte Purvinska, Santa Rubīna, Agneta Rumpa, Annija Straupe, Kristers Pētersons, Kätlin Krisak, Lauri Liivat, Piret Lappert, Pirkko-Liis Harkmaa, Liisa Maria Kuuskmaa, Oliver Ämarik, Kevin Piho, Karl Oskar Pungas
We advised the Norwegian non-life insurance company Gjensidige Forsikring on signing a sale agreement for its business in the Baltics with Ergo International, the company that manages Ergo’s international business portfolio. Deal value – EUR 80 million. The transaction will be completed upon receiving approvals from the authorities, including the Lithuanian, Latvian and Estonian competition […]
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We advised Avia Solutions Group, a globally leading aviation group, on issuing USD 300 million in senior unsecured bonds with a tenure of five years at a rate of 9.75%. This issuance includes the refinancing of a previous bond issue that had an outstanding balance of USD 180 million. The surplus funds will be allocated […]
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We represented banks-dealers in Lithuania’s issuance of a new 10-year Eurobond. Lithuania borrowed EUR 1.5 billion in international capital markets. „Lithuania has successfully launched a programme of borrowing in foreign financial markets and has secured a significant part of the amount of foreign borrowing planned for this year on favourable terms. We are pleased with […]
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We advised Liberty Mutual Surety, one of the world’s largest insurance companies, on structuring the business model, insurance products, insurance terms and conditions, and the provision of surety insurance services in Lithuania. Operating since 1912 and headquartered in Boston, USA, Liberty Mutual is the fifth-largest insurer in the world as of 2022, based on the […]
