TGS Baltic has represented Credit Value Investments and the funds managed by it on their investment in bonds of AB Civinity. AB Civinity was reportedly advised by PwC.
The nominal value and the issue price of the issued bonds is EUR 11 million, while the nominal value and the issue price per bond is EUR 100,000. The bonds will be redeemed after four years.
Credit Value Investments is an independent Polish investment company operating in Central and East European financial markets. The company has implemented over 500 transactions and the value of managed assets exceeds EUR 750 million. This transaction is the company’s first investment in Lithuania.
AB Civinity manages companies administrating and maintaining residential and commercial buildings in Lithuania and Latvia.
TGS Baltic’s team consisted of Lithuanian Partner Vidmantas Drizga, Associate Partner Ieva Dosinaite, and Senior Associate Mantas Gofmanas, along with Latvian Partner Andra Rubene and Senior Associate Inese Rendeniece.
PwC did not reply to our inquiries.