Sorainen has advised Baltic Mill on a EUR 3 million issuance of two-year bonds. The bond issuance was organized by Siauliu Bankas.
Baltic Mill is a Baltic grain processing group. The group directly manages Lithuanian companies Malsena Plus, Amber Pasta, GT Innovation, and Mill Kitchen, as well as Latvian company Rigas Dzirnavnieks and Estonian company Balti Veski.
According to Sorainen, up to 100 private and corporate investors "have invested in Baltic Mill bonds, which came into effect on November 4, 2021, with a redemption date of November 3, 2023. In the next six months, the company also plans to list the bonds on First North, an alternative securities market managed by Nasdaq Vilnius."
Sorainen’s team included Partner Augustas Klezys and Senior Associate Dalia Augaite.
Sorainen did not reply to our inquiry on the matter.