Sorainen provided full-scope advice to Enerstena UAB during its implementation of a project to reconstruct a heating supply system and construct a new 20MW heating station in Cherven, Belarus. The project, worth EUR 6 million, was financed by the International Bank for Reconstruction and Development. Our team leading the project ‒ consisting of partner Kiryl […]
Deals & Cases / Toomas Prangli, Kai Vainola, Nele Suurmets
We advised Lowell, Europe’s second largest credit management company, on divesting its Estonian subsidiary Lowell Estonia to an Estonian-based debt collection agency Julianus Inkasso. Focus on Nordic core markets Petri Koivunen, Director of Lowell Estonia tells that the Lowell Group acquired Lindorff AS in Estonia in 2016 and has decided now to exit the Estonian […]
We acted as Latvian law advisers for Joint Lead Managers J.P. Morgan and SEB bankas on the issue by Air Baltic Corporation of EUR 200,000,000 5-year bonds. So far this is the largest corporate bond issue originating from Latvia. More information on the project available here. The matter was handled by partner Rūdolfs Eņģelis, senior […]
We provided pro bono assistance to the Latvian Children’s Palliative Care Society to carry out a photo project, “Bridges of Dreams”, in collaboration with the world-famous Precious Baby Project artist Angela Forker. About the photo project In Latvia, for over 600 families the dream of a sunny childhood has disappeared, but instead they have been able […]
Sorainen advised the leading European transportation platform Bolt in its Series C funding round of more than EUR 75 million. The equity round was led by financial investors Korelya Capital and Nordic Ninja, and included investments by both new and existing investors. Bolt is the unicorn headquartered in Estonia, which has grown into the leading […]
