Latvia successfully priced long 7-year bonds in an amount of 1.25 billion US dollars with a coupon of 2.750 percent (yield rate of 2.889 percent) which is the lowest interest rate since Latvia first issued bonds in the international financial markets. Borenius advised the lead managers of the bond issue „Barclays”, „Deutsche Bank” and „JP Morgan”
Borenius advised Amari Metals Europe Ltd, an international multi-metal distributor with a network of service centres covering the whole of Europe, in purchase of 10 stock operations in nine countries from NASDAQ OMX Helsinki listed Outokumpu, a global leader in stainless steel
The office represented shareholders of AS „VG Kvadra Pak” in 50% shares acquisition by „VAN Genechten Packaging” N.V. which so has became the only owner of the company
Attorneys at Law Borenius successfully represented the client MTG Broadcasting AB in drafting the necessary documentation for the acquisition of second largest commercial TV channel in Latvia – AS “Latvijas Neatkarīgā Televīzija” . We conducted LDD, assisted with drafting of the necessary documentation for 100% share purchase, and filed the merger notification to the Competition Council, resulting in a decision allowing the merger of the companies
Finnish Media Group Alma Media acquires the leading Baltic internet recruitment service provider CV-Online. Borenius together with its partner offices advised NASDAQ OMX Helsinki Exchange listed Alma Media Corporation in relation to the acquisition of CV-Online, the leading internet recruitment service company in the Baltic countries
MCB Finance Group plc , the consumer finance company providing credit solutions to retail customers in Finland, Estonia, Latvia and Lithuania, has raised SEK 175 million (Euro 19.8 million) through a SEK denominated asset backed bond issue to investors in the Nordic region. Borenius group offices advised on structuring of refinancing and conducted pre-refinancing legal due diligence of subsidiaries of MCB Finance AS operating in Latvia, Lithuania, Estonia and Finland
Republic of Latvia has issued 5-year Eurobonds in the amount of 1 billion US dollars with a fixed income rate 5.25 per cent. Borenius advised managers of the issue Deutsche Bank, HSBC Bank plc and J.P. Morgan Securities Ltd.
2012