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COBALT advised subsidiaries of Kaamos Grupp upon obtaining a financing from the EBRD


COBALT advised subsidiaries of AS Kaamos Grupp, Estonian Woodbakers AS and Belorussian production subsidiary Vitebskaja Lesopilka, upon obtaining a financing from the European Bank for Reconstruction and Development (EBRD) for the purpose of modernising and expanding the largest sawmill plant in Vitebsk, Belarus. The total investment into the project is expected to be EUR 22 million.

COBALT team assisted the clients in connection with all legal aspects of the transaction, including drafting and negotiating the financing and security documents. The team was led by partner Marina Tolmatshova and included associates Karl Kull and Nikolay Artemyev.