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Silmäasema acquires 25-year-old Estonian chain of optical stores
We advised the Finnish company Silmäasema Optiikka Oy on acquiring Eagle Vision, an Estonian chain of optical stores. Eagle Vision has been operating for nearly 25 years and owns six stores across Estonia that will continue under the Eagle Vision brand. In 2023, Eagle Vision had a turnover of approximately EUR 2.8 million. Eagle Vision […]
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Avia Solutions Group issues USD 300 million worth of new bonds
We advised Avia Solutions Group, a globally leading aviation group, in issuing USD 300 million in senior unsecured bonds with a tenure of 5 years at a rate of 9.75%. This issuance includes the refinancing of a previous bond issue that had an outstanding balance of USD 180 million. The surplus funds will be allocated […]
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European Legal update: 30.04. – 14.05.
Assistant lawyer Natālija Ķīse compiled the material. Data protection Digital Markets Act: Commission initiates market investigation for X and designates Booking as gatekeeper Published: 13 May 2024 In accordance with the Digital Markets Act (DMA), the European Commission decided not to designate X Ads or TikTok Ads and instead named Booking as the gatekeeper for […]
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Hero business centre developer will borrow up to EUR 53.5 million on capital markets
We advised Sostinės bokštai on preparation for a public offering programme of up to EUR 53.5 million in bonds and the listing of the bonds on Nasdaq First North Bonds List. The funds raised from the bonds will be used for the construction of Hero, a modern, Class A business centre in Vilnius’ central business […]
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Sorainen ESG-focused newsletter, May 2024
EU-level news ECTHR ruled that climate inaction violates human rights On 9 April 2024, the European Court of Human Rights handed down a groundbreaking ruling in a case concerning elderly Swiss women and climate change. This is a major decision, as it is the first time that the Court has dealt with climate change issues, […]