TGS Baltic advised EPSO-G, which was the first in the Baltics to issue sustainability bonds

09.06.2022 TGS Baltic advised EPSO-G, which was the first in the Baltics to issue sustainability bonds

Advised EPSO-G, which was the first in the Baltics to issue sustainability bonds. The project is significant for the entire Baltic capital market, as the interest rate of the bonds was the first linked to compliance with ESG requirements.

The last week five-year bond issue with 3.117 percent yield raised for the company EUR 75 million – bonds have been acquired by institutional investors from Lithuania, Latvia, Estonia, and Sweden. Almost one third of the amount came from the European Bank for Reconstruction and Development.

TGS Baltic capital markets team – Partner Vidmantas Drizga, Senior Associate Karolina Lapinskaitė and Junior Associate Kotryna Visockytė – worked on this project.