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Our team advised on establishing the State Aid Fund for Business which will invest public and private funds in medium and large enterprises affected by Covid-19. This is the first fund of its kind in the Baltic states. The planned size of the fund’s investment portfolio is EUR 1 billion. The Lithuanian government will provide […]
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Deals & Cases / Tomas Kontautas, Sergej Butov, Dalia Augaitė, Inga Macijauskaitė, Agnė Sovaitė, Evaldas Dūdonis, Rimantas Bendorius, Asta Augutytė-Rapkevičienė, Julija Kirkilienė, Svetlana Rudaja, Saulė Dagilytė, Gerda Skirbutienė, Sidas Sokolovas, Almina Ivanauskaitė, Rūdolfs Eņģelis, Inese Heinacka, Kätlin Krisak
Our team has been advising the state-owned energy company Ignitis Group in preparation for the initial public offering (IPO) and admission to trading on the Vilnius and London stock exchanges. Through the IPO, the group will offer investors 20.9 million shares (27.8% of the issued capital). Some of the shares will be distributed on the […]
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Deals & Cases / Tomas Kontautas, Dalia Augaitė, Agnė Sovaitė, Rimantas Bendorius
We represented banks-dealers in Lithuania’s borrowing of EUR 1.75 billion by issuing a 30-year Eurobond issue. According to the Ministry of Finance, the annual interest rate is lower than ever – more than three times lower than previously issued bonds of the same duration. These funds will finance this year’s borrowing needs, including next year’s […]
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Deals & Cases / Saulė Dagilytė, Mantas Petkevičius, Tomas Kontautas, Eva Berlaus, Rūdolfs Eņģelis, Karin Madisson, Agnė Sovaitė, Inga Macijauskaitė, Rasa Mikutienė, Zane Paeglīte, Santa Rubīna, Aija Lasmane, Isabella Barbara Tisenhusen, Nele Suurmets, Monika Tomberg, Tanel Molok, Irma Kunickė, Aurelija Daubaraitė
We advised Vienna Insurance Group (VIG) – one of the biggest international insurers in Central and Eastern Europe – on consolidating the business of its group non-life insurance companies Compensa and Seesam in Lithuania, Latvia and Estonia. This is potentially the biggest cross-border merger in the Baltics in 2020. Optimising group structure As a result […]
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We advised electronic money institution Verse Payments Lithuania on all issues related to its indirect acquisition by Square – an electronic payment and financial services company headquartered in San Francisco and listed on the New York Stock Exchange. Verse employees will join the Square team, who are developing the Cash App – a peer-to-peer payment app […]
