Bite Group’s EUR 700 million bond issuance and financing

We advised initial bond purchasers and mandated lead arrangers Citigroup Global Markets Limited, Deutsche Bank AG, London Branch, ING Bank N.V., London Branch and UniCredit Bank AG on Bite Group´s EUR 700 million bond issuance and financing.

Bite Group is a telecommunications and media group based in the Baltics that is controlled by international asset management company Providence Equity Partners.
The proceeds from the bond offering, together with cash in hand, will be used to repay Bite Group’s existing financial debt and to return capital to shareholders. To secure the financing the issuer’s group will provide collateral packages in Lithuania, Latvia, and Luxemburg.
It is the largest bond issue by a private Baltic company to date.
We advised the clients in cooperation with international law firm Latham & Watkins. The pan-Baltic team included partner Ermo Kosk and senior associate Kadi Sink in Estonia, associate partner Valters Diure, senior associate Beata Plociņa and associate Marta Cera in Latvia, partner Giedrius Stasevičius, junior associate Ainis Augustas Petrulis, associate partner Miglė Petkevičienė, and associate Dovydas Gudžiūnas in Lithuania.

Linked Experts

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Ainis Augustas Petrulis
Ainis Augustas Petrulis
Associate / Lithuania
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Beata Plociņa
Senior Associate / Latvia
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Dovydas Gudžiūnas
Dovydas Gudžiūnas
Senior Associate / Lithuania
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Ermo Kosk
Partner / Estonia
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Giedrius Stasevičius
Giedrius Stasevičius
Partner / Lithuania
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kadi sink
Kadi Sink
Senior Associate / Estonia
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Marta Cera
Senior Associate / Latvia
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Miglė Petkevičienė
Partner / Lithuania
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Valters Diure
Associate Partner / Latvia