29
Fri, Mar
51 New Articles

SPC Legal Helps Panevezio Stiklas Obtain Loan from Citadele

SPC Legal Helps Panevezio Stiklas Obtain Loan from Citadele

Lithuania
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

SPC Legal has assisted AB Panevezio Stiklas, a Baltic producer of glass products and processors, in its obtaining of EUR 7.3 million in financing from the Citadele bank to be "used to purchase a new glass furnace and thus to materially upgrade production activities of the company."

The firm's services included negotiating the credit and pledge (mortgage documents), coordinating the signing process, and obtaining notarial approval of the pledge (mortgage) documents.

The SPC Legal team was led by Partner: Mindaugas Rimkus.