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TGS Baltic Advises Siauliu Bankas on EUR 20 Million Bond Issuance and Listing

TGS Baltic Advises Siauliu Bankas on EUR 20 Million Bond Issuance and Listing

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TGS Baltic has advised Siauliu Bankas on the issuance of EUR 20 million subordinated bonds and their listing on Nasdaq Vilnius's Debt Securities List. The bonds will soon be admitted to trading on the regulated market.

According to TGS Baltic, "Siauliu Bankas is a Lithuanian capital bank which provides loans to SMEs, funded by the European Regional Development Funds. Siauliu Bankas actively participates in apartment building renovation projects, finances the implementation of energy-saving programs in L and is the leader in renovation financing in Lithuania."

TGS Baltic's team included Partner Vidmantas Drizga, Associate Partner Mantas Gofmanas, and Associate Karloina Lapinskaite.

TGS Baltic did not reply to our inquiry on the matter.

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COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

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COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

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