The Baltics’ largest environmental resource management and recycling group, AS Eco Baltia and its subsidiary SIA Eco Baltia vide have signed a syndicated financing agreement with Luminor Bank and SEB banka, attracting long-term financing of up to EUR 132 million, of which EUR 30 million is available under a separate agreement. The financing will be used to refinance existing liabilities and provide additional financial capacity.
COBALT provided legal support to the banks in connection with the financing transaction.
The COBALT Banking and Finance team included Partner Edgars Lodziņš, Specialist Counsel Andrejs Lielkalns, Senior Associates Inga Tenisa, Krišjānis Bušs, Associate Alise Artamonova and Junior Associate Kate Birzgale.
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