WALLESS assisted Swedbank in arranging EUR 75 million sustainability linked bonds issue of EPSO-G

The first sustainability-linked bond issue occurred in the Baltics – the energy transmission and exchange group EPSO-G, raised €75 million through a sustainability-related bond issue.

WALLESS team consisted of partner Joana Baublytė-Kulvietė, associate partner Laurynas Narvydas, senior associate Enrika Tamašauskaitė, and associate Karolis Katauskas assisted Swedbank in the organization and distribution of EPSO-G’s €75 million sustainability bond issue.

The five-year bonds, with a yield of 3.117%, were bought by institutional investors from Lithuania, Latvia, Estonia, and Sweden, according to a statement from EPSO-G. The European Bank for Reconstruction and Development (EBRD) bought almost a third of the issue amounting to EUR 22.5 million.

The funds raised will be used to finance the group’s strategic energy projects, thereby strengthening Lithuania’s energy independence.

WALLESS savaitės apžvalga

Prenumeruokite ir kiekvieną savaitę gaukite apibendrintas Lietuvos Aukščiausiojo Teismo nutartis į savo elektroninio pašto dėžutę. Informaciją rengia „WALLESS“ arbitražo ir ginčų sprendimo komanda.

Apžvalga rengiama lietuvių kalba.