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Bitė Group refinances with EUR 550 million senior secured notes issue
We advised Bitė Group, a leading telecommunications and media group in the Baltics, on the issuance of EUR 550 million senior secured floating-rate notes due 2031, refinancing the Group’s existing notes. Bitė Group is an integrated telecommunications and media service provider in the Baltic, offering mobile communications, fixed broadband, Pay TV, media and contenct services in Lithuania, Latvia and Estonia. The Group is indirectly controlled by funds managed by Providence Equity Partners. Our team and services We advised the client in Lithuania and Latvia on all legal matters related to the issuance of the notes. Our team consisted of partners Augustas Klezys and Rūdolfs Eņģelis, counsels Vitalija Impolevičienė and Lina Aleknaitė-van […]
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European Legal update: 10.03.-24.03.2026.
Legal assistant Liis Pormeister compiled the material. Company law Commission presents proposal for a new single set of corporate rules Proposed: 18 March 2026 The European Commission has presented its proposal for EU Inc., a new single set of corporate rules. It will provide a single harmonised set of corporate rules that companies can choose instead of […]
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A landmark judgment clarifying companies’ sanctions compliance duties
We successfully represented a leading telecommunications company in a sanctions‑related dispute arising from the suspension of retransmission in Estonia of 26 Russian‑language television channels. Following the imposition of international sanctions in 2022, our client became concerned that certain licence fees might, indirectly or covertly, reach sanctioned persons. The company therefore suspended contractual payments until the […]
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Bitė Group sells its tower portfolio to Stonepeak for EUR 480 million, making it Top 3 Baltic deal of the year
We advised Bitė Group, the leading telecommunications and media group in the Baltics, on the sale of its communications towers company TeleTower to global private equity firm Stonepeak. The transaction will create the first fully independent tower company in the region and represents the beginning of a strategic partnership dedicated to investing in the Baltic […]
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Bitė Group issues EUR 200 million additional bond issue
We advised the leading telecommunications and media group in the Baltics, Bitė Group, on the issuance of an additional EUR 200 million bond issue. This is an addition to the record-breaking EUR 920 million bond issue in the Baltics, which the group carried out this spring. Bitė Group offers a wide range of mobile and […]