Sorainen advised Merito Partners, a private investment company operating in Latvia, on the establishment of a secured bond programme of up to EUR 14 million, to be issued in several tranches.
Proceeds from the programme will be used to finance the acquisition of Gaižēni, Latvia’s leading livestock farming and agriculture company.
The bonds will be secured by a comprehensive collateral package, including share pledges, asset pledges and mortgages. Sorainen’s assistance also covered the preparation of the related collateral agreements.
The Sorainen team was led by partner Ramona Miglāne and included counsel Inese Heinacka, associate Kate Berlaua and legal assistant Herta Cēsniece.
More information about deal: Merito Partners agrees to acquire Latvia’s leading livestock and agricultural company Gaižēni
