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COBALT acted as joint counsel in a major syndicated financing transaction


COBALT Estonia acted as joint counsel for the syndicate of Scandinavian banks and AS SEB Pank, as facility and security agent, and the borrower, Viru Keemia Grupp AS, the largest manufacturer of shale oil and chemicals in Estonia, in a EUR 150,000,000 syndicated financing transaction. This transaction relates to financing of the borrower’s investments into construction and equipping of new oil plant and several other projects. COBALT Estonia assisted the parties with preparation of relevant financing documents and in connection with all aspects of Estonian law.

COBALT Estonia attorneys involved were partner Marina Tolmatshova and associate Kristjan Kotkas.