Cobalt, in cooperation with Setterwalls, has advised SEB and Swedbank on their extension of EUR 185 million syndicated loan facilities to the Euroapotheca pharmacy chain. Euroapotheca reportedly was assisted by TGS Baltic.
Euroapotheca is an international group of companies in the Northern Europe and CEE region managing pharmacy retail chains and wholesale companies in Lithuania, Sweden, Latvia, Estonia, Poland, and Ukraine. The company currently owns more than 660 pharmacies in six countries, employing more than 3800 employees.
Cobalt’s team in Estonia included Partner Marina Kotkas and Senior Associate Kristjan Kotkas, Counsel Edgars Lodzins and Senior Associate Inga Tenisa assisted from Latvia, and Managing Associate Eva Suduiko and Senior Associate Aurelija Balciune assisted from Lithuania.
TGS Baltic did not reply to our inquiries on the matter.