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COBALT acted for a syndicate of banks in a major financing transaction with AS Graanul Invest

2015-09-04

COBALT Estonia, Latvia and Lithuania offices acted for a syndicate of banks including Nordea Bank AB, Estonia branch and Danske Bank A/S, Estonia branch in a major financing transaction with AS Graanul Invest, the largest wood pellet producer in Europe. The COBALT Baltic team represented the banks in drafting and negotiation of financing and security documentation and in negotiation of the security sharing arrangements with European Bank for Reconstruction and Development, the second major lender to Graanul group.

COBALT team was led by Partners Marina Tolmatshova, Girts Lejins, Elijus Burgius and Senior Acssociates Kristjan Kotkas, Inga Tenisa and Associate Mantas Juška.