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 Nordea Bank and DNB, major financial services groups in northern Europe, on the financing that Nordea and DNB provide to Luminor Group for developing Luminor’s lending activities, group liquidity buffers and refinancing existing debt. Securing the financing We also advised Nordea and DNB in negotiating a highly bespoke collateral package to secure the […]
We are pleased to announce having advised Xllnc Nordic on the acquisition of Replace, acting as local advisors through Hansen Law, a world-class Swedish boutique law firm. Replace delivers mobile and IT equipment recycling services to large Nordic and European enterprises, while Xllnc delivers IT lifecycle management solutions to large corporations, the public sector and […]
On 17 October 2019, the Bank of Lithuania released Guidelines on Securities Token Offerings. The primary goal of the Guidelines is to provide clarity regarding the legislation on tokens that have features of securities. The Guidelines lay out the neutrality regulation policy exercised by the Bank of Lithuania in regard to technology, meaning that regardless […]
We advised Baltic Horizon Fund in arranging private placements of fund units raising a total of EUR 16.5 million. Private placements were arranged in relation to the latest property acquisition of the fund – North Star Business Centre in Vilnius, Lithuania. As part of the transaction the seller of North Star Business Centre, UAB Prosperus […]