Lina Ragainytė

Professional highlights

Advice on financial transactions. With considerable experience in projects covering all three Baltic states, I regularly advise local and international clients in financial transactions, from consumer financing to highly specific structured financing involving syndicates of international banking groups.

Regulation of financial institutions. With in-depth knowledge in the regulation of financial institutions, including banks, leasing companies, consumer credit institutions and payment institutions, I have advised many successful market participants on obtaining licences and structuring their business operations.

Landmark transactions in the Baltics. I have had the privilege of advising clients in the most significant, complex and challenging projects implemented in the Baltics in recent years. I advised Nordea throughout the merger of its Baltic businesses with DNB to create Luminor; Providence Equity Partners on its acquisition of the Bite telecom group in 2016; and further the takeover of the Baltic operations of Modern Times Group in 2017, as well as PZU on its acquisition of assets in Lithuania, Latvia and Estonia from RSA Insurance Group.

Developing legal framework. I have been involved in drafting and implementing EU and Lithuanian financial legislative initiatives. In 2017, I was involved along with international experts in a comprehensive analysis of existing legislation and preparation of a concept paper on covered bonds and securitisation, and introducing them in Lithuania.

First-hand experience in the banking sector. Before joining Sorainen I worked at one of the largest commercial banks in Lithuania. My experience includes negotiations and advice on banking and finance law issues.