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.

Sorainen has assisted Freor LT and its majority shareholder Rytis Bernatonis on Mezzanine Management's sale of a block of Freor LT shares to Baltics-based private equity fund Livonia Partners. Mezzanine Management was advised by Cobalt on the sale, and Livonia Partners was advised by TGS Baltic.

Sorainen has advised Audimas and its major shareholders on the sale of 60% of the company’s shares to investment management company LitCapital Asset Management.

TGS Baltic has helped TBF Finance obtain a payment institution license from the Bank of Lithuania.

TGS Baltic has advised UAB Medicinos Bankas in approving a subordinated bond program of up to EUR 10 million and placing the first ever bond emission exceeding EUR 2.2 million under the program. UAB FMI Orion securities acted as the bank’s intermediary for placement of the issue.

Ellex has successfully represented Avibaltika before the Court of Justice of the European Union, after Ukio Bankas demanded that Aviabaltika should pay, again, an amount already paid to it as financial collateral under the Law on Financial Collateral Arrangements.

Primus has advised Lithuanian company UAB Hekon on its EUR 8.7 million acquisition of a newly constructed Ibis hotel in Vilnius from Lithuanian construction company Merko.

Primus has advised Belarus's Mebelain factory on a EUR 20 million loan from the EBRD to facilitate the expansion of its furniture factory. EBRD was advised by Cobalt.

Primus has advised Newsec, an international real estate consultancy company on the launch of an auction platform called Newsecaukcionai.lt.

Cobalt has represented UAB Imlitex Holdings on the sale of the Arka business center in Kaunas, Lithuania. The buyer, who according to Cobalt, does not want to be identified until the deal closes, was represented by Ellex Valiunas.

Ellex has helped Nayax, an Israel-based company which sells cashless, telemetry, management, monitoring, and business intelligence products for the vending and unattended sales industries, obtain a payment institution license.

Sorainen has advised BaltCap on the sale of Kelprojektas to Swedish technical consultancy firm Tyrens. Eversheds Sutherland advised Tyrens on the acquisition.

TGS Baltic, working in cooperation with Dentons’ UK and Middle East offices, has advised UAB Lietuvos Energija in approving a medium term note program upsized to EUR 1.5 billion, and issuing a EUR 300 million bond issue under the same program. Banking groups BNP Paribas, J.P. Morgan, and SEB Bank acted as intermediaries for placement of the issue. BNP Paribas and SEB were represented by Ellex Valiunas, while J.P. Morgan was reportedly advised by Clifford Chance.

Motieka & Audzevicius has successfully represented flyLAL in a dispute against Air Baltic Corporation involving private competition enforcement in Lithuania.

Cobalt has advised Luminor on its successful application to the European Central Bank for permission to merge all its banks in the Baltics.

The Vilnius office of Ellex has advised Bazaarvoice on its lease of space in the Technopolis Penta business center in Vilnius.

Cobalt has advised MyInvest Estonia on its sale of the Bauhof hardware store chain to Lithuanian hardware store chain Ermitazas, a subsidiary of the Vilniaus Prekyba Group. The buyer was represented by TGS Baltic Lithuania.

Motieka & Audzevicius has successfully represented the Administration of Lithuania's Plunge District Municipality in a public procurement case.