Finance

Industries Finance

“Banking and finance is a core area at TGS Baltic, which attracts an extensive client portfolio” thanks to “a high level of service and excellent response times.”

The finance sector is living a revolution. One of the biggest since the first coin was invented. That is changing the industry and the business models we were used to. The FinTech sector, in particular, is growing fiercely and turning the Baltics into a regional hub for the development of financial technologies.

We are ready for this game-changing environment with a multidisciplinary finance law team. Our experienced professionals are keen to transform your business challenges into advantages through extensive legal knowledge, in-house business understanding, and broad corporate and institutional networks.

We have the courage to lead a constructive dialogue with banks, FinTech companies, technology start-ups, institutions, regulators, and customers. Three of the four biggest Baltic banks and more than 40 local and international financial institutions already put their trust in us.

Major Deals

  • 05.08.2024

    TGS Baltic helped Bondora AS with the establishment of a branch

    TGS Baltic attorneys advised Bondora AS during the process of obtaining a permit to establish a branch in Slovenia, starting from the preparation phase until the end of the proceedings.

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  • 29.05.2024

    TGS Baltic advised NIB on granting an investment loan of EUR 16.1 million to TKM Kinnisvara AS to finance the construction of a logistics center. 

    TGS Baltic advised Nordic Investment Bank (NIB) on granting an investment loan of EUR 16.1 million to TKM Kinnisvara AS, a member of the TKM Group, to finance the construction of a logistics center. 

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  • 09.05.2024

    SIA “Marijas 2” starts a new bond issue

    TGS Baltic advised a joint venture of Evernord, an alternative investment fund, and Novira Capital, on MEUR 50 public offering bond programme.

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  • 03.04.2024

    TGS Baltic, in cooperation with Hannes Snellman, assisted Accel-KKR with the Majority Equity Investment in Aico Group

    TGS Baltic, in cooperation with Hannes Snellman, assisted Accel-KKR, a global technology-focused investment firm, in the majority equity investment in Aico Group. Aico is an end-to-end financial close software platform for large enterprises. With the investment, Accel-KKR will join the current investor, Juuri Partners, as a backer of Aico.

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  • 21.03.2024

    TGS Baltic assisted Šiaulių Bankas on the implementation of „SB Modernization Fund 2“ as securitisation vehicle

    On March 21, 2024, the „SB Modernization Fund 2“ was established as a securitization vehicle and a subsidiary of Šiaulių Bankas to finance the renovation of multi-apartment buildings. UAB „SB Modernization Fund 2“ signed the financing agreements with the European Investment Bank (EIB), acting as Lithuanian national funds manager, Swedbank AB, the European Bank for Reconstruction and Development (EBRD), Šiaulių Bankas, and SB Asset Management, an asset management company.

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  • 12.03.2024

    TGS Baltic assisted Ignitis Group in signing a 105 million EUR long-term financing agreement with EIB

    On March 12, Ignitis Group signed an agreement worth 105 million EUR with the European Investment Bank (EIB) for the 5th unit of the Kruonis Pumped Storage Hydroelectric Power Plant.

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Awards & Recognition

  • IFLR 1000

    The team is “very creative and innovative in negotiations, structuring transactions and coming up with non-standard solutions”, “competent, service-minded and hands-on” and “has been important in cross-border transactions.”

    IFLR 1000
  • Chambers and Partners

    “Impresses clients with its full-service capability and strength in multi-jurisdiction deals,'' has “broad experience, including transaction finance, capital markets and banking regulatory work” and is “highly skilled in distressed loan restructuring and EU financing schemes.”

    Chambers and Partners

Team

Key Contacts