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We advised the investment company Atsinaujinančios energetikos investicijos, managed by Lords LB Asset Management, on a non-public four-year green bond issue, with a total value of EUR 25 million at an annual 5% annual coupon. The main distributor of the bond issue was Luminor bank. First private sector green bond issue in the field of […]
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Sorainen Latvian office acted as Latvian law adviser to the joint lead managers Citigroup, Luminor Bank, Nordea and UniCredit on the issuance by Citadele banka of 200 million EUR in notes, due in 2026. The purpose The purpose of the issuance is to meet the Minimum Requirement for Own Funds and Eligible Liabilities (MREL). Proceeds […]
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We assisted Riga Retail Park, owner of one of the largest shopping centres in Latvia, Saga, in refinancing its bonds, which are governed. Our assistance and team Our assistance included negotiations with the financier, a Latvian credit institution and the bondholder regarding the refinancing documents – the financing agreement and bond redemption documents – as […]
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We advised Baltic Mill, a Baltic grain processing group, on its successful two-year bond issue, which has 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 2019, with redemption taking place on 4 November 2021. Vygantas Reifonas, CFO of Baltic […]
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We advised Estonian real estate company Arco Vara on the secondary public offering of shares and listing new shares on the Main List of the Nasdaq Tallinn stock exchange. Great interest from the market The issue of Arco Vara was extremely popular among investors with the offering being over-subscribed 4,8 times. According to Miko Niinemäe, […]
