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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 […]
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We represented banks-dealers in Lithuania’s issuance of a new 10-year Eurobond. Lithuania borrowed EUR 1.25 billion in international capital markets. “This means that investors evaluate Lithuania’s credit risk much more favourably. Lithuania took advantage of this situation in the financial markets and fulfilled this year’s borrowing plan by distributing Eurobonds in foreign markets,” says Gintarė […]
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We advised MUFG’s European division in arranging a financing agreement with Ignitis Group, covering EUR 150 million trade finance facility and EUR 75 million term loan. The received financing will be used for Ignitis Group’s working capital needs. Our services ad project team We advised the client on all matters of Lithuanian law related to […]
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We assisted Invalda INVL, the leading investment management and life insurance group in the Baltic region, in signing an agreement with Šiaulių bankas, the largest bank with Lithuanian capital, to merge their retail businesses. The equity value of the deal value – EUR 40.2 million. After the closing of the transaction, the Šiaulių Bankas group, […]
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We represented bank dealers as Lithuania borrowed EUR 1.2 billion on the international capital markets by issuing a new 5.5-year Eurobond of EUR 900 million and tapping the 10-year Eurobond issued in spring this year for EUR 300 million. “As interest rates continued to rise, Lithuania took advantage of the temporarily stable situation in the […]