Capital Markets

Finance & Capital Markets Capital Markets

"The firm [...] stands out for its capital markets expertise” and "professionalism of service".

Capital markets are an increasingly important source of finance for Baltic businesses. Seeking alternatives to bank financing, mature companies are tapping Baltic, Scandinavian and Eastern European exchanges with bond and equity listings.

We are the leading advisor for capital markets in the Baltics. Thanks to our extensive experience, we understand the practice trends of the regulatory institutions. We regularly contribute to the innovation of established practices and bring international experience to the Baltics.

Major Deals

  • 16.03.2021

    TGS Baltic advises Maxima Grupė on structuring the Commercial Paper Programme and the EUR 40 million issuance of notes under the programme – the very first transaction under such format in the Baltics

    TGS Baltic has successfully advised Maxima Grupė controlling the largest food retail group in the Baltics in structuring the Commercial Paper Programme and the issuance of EUR 40 million of notes under the programme.

  • 17.02.2021

    TGS Baltic assisted Overkill Ventures with its investments into and exit from US company AXDRAFT

    TGS Baltic assisted limited partnership Overkill Ventures Fund I AIF managed by SIA Overkill Ventures AIFP with its investments into and exit from US company AXDRAFT Inc. / Latvian company AXDRAFT SIA.

  • 02.10.2020

    TGS Batic advised The Bank of New York Mellon on the largest-ever IPO in the Baltics by Ignitis Group

    TGS Baltic advised The Bank of New York Mellon on implementing AB Ignitis grupė’s initial public offering (IPO) of shares and global depositary receipts representing the shares (GDR), including admitting to trading in GDR on the London Stock Exchange.

  • 01.07.2020

    TGS Baltic represented a group of joint investors in making 950.000 EUR investment into Inbalance grid

    TGS Baltic advised a group of investors on their 950 000 EUR investment in intelligent electric vehicle charging solutions company Inbalance grid.

  • 27.06.2020

    TGS Baltic advised Koinvesticinis fondas on their investment in Discontract startup

    TGS Baltic team provided legal assistance to Koinvesticinis fondas, which together with a group of private investors invested 300 000 EUR in Discontract startup – an app for on-demand home services.

  • 16.06.2020

    TGS Baltic advised BaltCap on 15-year partnership agreement with Kaunas District Municipality

    The largest private equity firm in the Baltic States BaltCap signed a 15-year public-private partnership agreement with Kaunas District Municipality.


Awards & Recognition

  • Chambers and Partners

    The firm “is well known for its work on private placements and initial and secondary public offerings.”

    Chambers and Partners
  • Chambers and Partners

    “Impresses clients with its full-service capability and strength in multi-jurisdiction deals. […].”

    Chambers and Partners
  • Legal 500

    “The firm's strengths are the professionalism of service, engagement, availability, and creativity.”

    Legal 500


Key Contacts