COBALT advised European Lingerie Group on raising a 27-million euro loan and investment

2021 - 07 - 08

The law firm COBALT advised the European Lingerie Group and its shareholders on raising a loan and capital investment from Rietumu Bank and at the same time repurchasing existing bonds and loan liabilities.

The total value of the loan and capital investment is € 27 000 000, which, among other things, is used to refinance bonds with a nominal value of € 40 000 000 and certain loan liabilities of the group.

Our work included advising the client in the role of a lead counsel throughout the process.

The COBALT project team was led by Partner Martin Simovart, Specialist Counsel Jesse Kivisaari, Associates Madis Reppo and Liina Saaremets from the Estonian office, Partners Guntars Zīle and Uģis Zeltiņš, Specialist Counsel Edgars Lodziņš,  Senior Associates Inga Tenisa, and Diāna Zepa and Associate Vadims Zvicevičs from Latvian office and Managing Partner Darya Zhuk, Managing Associate Anastasiya Bykowskaya, Senior Associate Darya Gaiduchyk and Associate Anna Gritskevich from Belarus office.

More info is available here.