TGS Baltic advised Evernord on the biggest freeze-dried food business in the Baltic States Dehidra’s EUR 4 million bond issue

10.05.2021 TGS Baltic advised Evernord on the biggest freeze-dried food business in the Baltic States Dehidra’s EUR 4 million bond issue

We are delighted to contribute to the successful placement of the bonds by Evernord, an investment firm based in Vilnius, Lithuania. The initiator of the EUR 4 million bond issue was the biggest freeze-dried food business in the Baltic States and one of the biggest in Northern Europe, Dehidra.

According to Dehidra, the company will invest the money in a berry and fruit processing plant and further development of the area for growing strawberries. The issued bonds will be registered in the central securities depository Nasdaq CSD SE in the short term.

The client was advised by partner Agnius Pilipavičius, associate partner Mantas Gofmanas, senior associate Karolina Lapinskaitė, and legal assistant Kotryna Visockytė.