We advised the leading telecommunications and media group in the Baltics, Bitė Group, on the issuance of an additional EUR 200 million bond issue. This is an addition to the record-breaking EUR 920 million bond issue in the Baltics, which the group carried out this spring.
Bitė Group offers a wide range of mobile and fixed communications, pay-TV and free-to-air television, and media and content services in Lithuania, Latvia, and Estonia. It is owned by the global private equity firm Providence Equity Partners.
Our services and project team
We advised the client in Lithuania and Latvia on all legal matters related to the issuance of the additional bonds. Our Lithuanian team consisted of partners Augustas Klezys, Indrė Ščeponienė and Evaldas Dūdonis, senior associate Vitalija Impolevičienė, and associates Andrius Pilitauskas and Ieva Tučkutė, while in Latvia the team included partner Rūdolfs Eņģelis, counsel Renāte Purvinska, Inese Heinacka and Mārtiņš Rudzītis, senior associate Zane Paeglīte, associate Kate Berlaua, and assistant lawyers Annija Kuzma and Evija Velvele.
