Deals & Awards

06 / 16

EIB and Šiaulių bankas renew support for urban renewal in Lithuania

The European Investment Bank (EIB) and Šiaulių bankas have signed two new agreements to support the refurbishment and modernisation of multi-apartment buildings in Lithuania with an additional EUR 110 million under the Jessica II fund, EUR 70 million of which is contributed by Šiaulių bankas.

05 / 16

TGS Baltic provided legal assistance to SEB bank regarding a long-term syndicated loan

TGS Baltic provided legal assistance to SEB bank Latvia regarding a long-term syndicated loan to Linstow group enterprises. SEB bank acting also as the agent and Danske Bank together issued a loan of 76 million euros to the Linstow group companies, and each of the banks  financed a half of the loan.

09 / 15

Swedbank to Acquire Danske Bank’s Personal Banking Business in Lithuania and Latvia

TGS Baltic advised Scandinavian financial group Swedbank on the acquisition of Danske Bank personal banking business in Lithuania and Latvia.

08 / 15

TGS Baltic advised on the sale of bank Snoras loan portfolio

TGS Baltic advised collapsed commercial bank Snoras on the conclusion of the agreement with UAB Baltijos kredito sprendimai on the sale of Snoras loan portfolio. The acquisition of the loan portfolio will be financed by an international investor consortium led by private funds registered in Luxembourg and investment bank Deutsche Bank AG.

11 / 14

TGS Baltic receives continuing high rankings from IFLR1000 in Baltic countries

IFLR1000 (International Financial Law Review) is the guide of world’s leading financial law firms. The guide analysis and ranks more than 120 jurisdictions in the world.

11 / 14

Transaction of transfer of ERGO Life Insurance pension funds of the 2nd pillar successfully closed

TGS Baltic acted as a legal advisor to ERGO Life Insurance SE in structuring and implementation of the transaction of transfer of the 2nd pillar pension funds managed by the company in Lithuania to UAB DNB Investicijų Valdymas.