Cobalt Advises Capfield on EUR 85 Million Loan from Luminor

Cobalt Advises Capfield on EUR 85 Million Loan from Luminor

Estonia
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Cobalt has advised Estonia-based real estate development and management company Capfield OU on a EUR 85 million financing it received from Luminor.

According to Cobalt, “a major part of the new loan was used to refinance [Capfield's] existing loans from Nordea Bank Abp. Capfield’s loan is backed by the company’s portfolio of shopping centers with a total value of approximately EUR 183 million."

Cobalt’s team included Partners Marina Kotkas and Aivar Taro and Assistant Lawyer Christine Magi.