European Covered Bond Council (ECBC) published the 2023 Edition of the European Covered Bond Fact Book. This book is intended to be a benchmark and comprehensive source of information on the covered bond asset class. This 18th edition of the ECBC European Covered Bond Fact Book builds on the success of previous editions. Sorainen lawyers […]
Nasdaq (Nasdaq: NDAQ) announces that Sorainen ZAB SIA has been granted the status of First North Certified Adviser on the Riga market as of 30 May, 2023. First North is a growth market designed for ambitious small and medium-sized companies in the Baltics. Being a Certified Adviser permits Sorainen to guide growth companies in Latvia […]
We advised Novira Capital, an international company dealing with the financing and development of large real estate projects, on acquiring a 49% stake in Matek, the oldest and most experienced prefabricated timber frame house producer in Estonia. Record year Last year, Matek increased its revenue almost twice, by 90 per cent, to EUR 32.3 million. Furthermore, […]
We advised MUFG’s European division in arranging a financing agreement with Ignitis Group, covering EUR 150 million trade finance facility and EUR 75 million term loan. The received financing will be used for Ignitis Group’s working capital needs. Our services ad project team We advised the client on all matters of Lithuanian law related to […]
Last night, the Baltic deals of the year received honours at the Baltic M&A and Private Equity Forum 2023 in Riga. The most notable transactions were carried out by Milrem Robotics and Sunly of Estonia, and Nord Security and Oxylabs of Lithuania. Nord Security Group CFO Laurynas Zabulis with the award for Baltic Private Equity […]