-
Timbro Group successfully completes public bonds offering, attracting EUR 9.9 million in demand
We advised forestry technology company Timbro Group on the structuring of a public offering of secured bonds and the preparation of the transaction documentation. Our work included drafting the information document and negotiating the related documentation, including the subordination agreement, commercial pledge agreement, and security agent agreement, as well as supporting the client throughout the […]
-
UK investor Pollen Street Capital increases financing for Finbee Verslui to EUR 55 million
We advised UK investor Pollen Street Capital on increasing its financing for Finbee Verslui (UAB Finansų bitė verslui), a Lithuanian lender to small and medium-sized enterprises (SMEs), from EUR 35 million to EUR 55 million. The updated agreement will improve access to financing for Lithuanian SMEs and increase the business loan amount from EUR 250,000 […]
-
Green bond issuance and base prospectus advice for Augstsprieguma tīkls
We advised Augstsprieguma tīkls, the Latvian transmission system operator, on its green bond issuance. Our work covered the preparation of the base prospectus and the related transaction documentation; advising on listing and central securities depository requirements; supporting the due diligence and disclosure workstreams; and preparing issue-specific summaries, managing translations and delivering legal opinion. This mandate […]
-
EIB and CEB finance EUR 110 million to deploy up to 160 zero-emission buses in Vilnius
We advised the European Investment Bank (EIB) and the Council of Europe Development Bank (CEB) on a EUR 110 million financing to deploy up to 160 new zero-emission buses and related charging infrastructure. Both banks are providing a EUR 55 million loan to Vilniaus Viešasis Transportas (VVT) – the city’s public transport operator – for […]
-
The Supreme Court upheld amendments to the Churches and Congregations Act
We successfully represented the Government of Estonia in constitutional review proceedings before the Supreme Court en banc concerning the constitutionality of amendments to the Churches and Congregations Act. The proceedings were initiated after the president refused to promulgate the law, arguing that the amendments disproportionately restricted freedom of religion and freedom of association. On 8 […]