We assisted US bank JP Morgan and French bank BNP Paribas in organising a five-year bond issue with a total value of USD 300 million for Avia Solutions Group – a Lithuanian aviation services group ‒ at an annual interest rate of 7.875% and a maturity date of 2024. The bonds were issued in US […]
Our team in Lithuania, Latvia and Estonia, together with the European Bank for Reconstruction and Development (EBRD) and Richard Kemmish Consulting Limited, have presented their final report on the development of a pan-Baltic legal and regulatory framework for covered bonds. This is a significant step towards creating unified Baltic covered bond regulation, which will provide […]
Deals & Cases / Dalia Augaitė, Tomas Kontautas, Rimantas Bendorius
In October 2019, a project to promote sustainable (green) investment was launched in Lithuania. In cooperation with the European Bank for Reconstruction and Development (EBRD), experts will prepare a country action plan on green finance and a feasibility study on establishing a Green Finance Institute in Lithuania. Our team, in partnership with Richard Kemish Consulting […]
Deals & Cases / Augustas Klezys, Dalia Augaitė, Rimantas Bendorius
We advised Baltic Mill, a Baltic grain processing group, on its successful two-year bond issue with a total value of EUR 3 million. With this bond issue, organised by Šiaulių bankas, our client refinanced a two-year bond emission issued in 2017, with redemption set for 4 November 2019. Comments Vygantas Reifonas, CFO of Baltic Mill: […]
We advised Real Estate fund Capitalica Baltic Real Estate Fund I on preparing to enter the alternative First North market in Lithuania. Capitalica Real Estate Baltic Fund I, a closed-end investment undertaking for informed investors, is managed by Capitalica Asset Management. The fund’s bonds are expected to be listed on 30 July this year. Planning […]