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Dentons Advises Ignitis Group on Financing from MUFG Bank

Dentons Advises Ignitis Group on Financing from MUFG Bank

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Dentons has advised Lithuanian-headquartered energy company Ignitis Grupe on financing from MUFG Bank. Reportedly, TGS Baltic advised Ignitis Grupe as well.

Ignitis Grupe is involved in power and heat generation and distribution, natural gas trade and distribution, and support services.

According to Dentons, the financing was a “EUR 225 million transaction from MUFG Bank, consisting of a EUR 150 million trade financing limit and a 24-month EUR 75 million term loan.” The financing will be used for Ignitis Grupe’s working capital needs.

The Dentons team included Partner Mark Segall and Senior Associate Anna Booth.

Dentons at a Glance

Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.

Dentons is one of the leading law firms in CEE/CIS, with offices in Warsaw, Prague, Budapest, Moscow, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

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