TGS Baltic has advised Siauliu Bankas on the issuance of EUR 20 million subordinated bonds and their listing on Nasdaq Vilnius's Debt Securities List. The bonds will soon be admitted to trading on the regulated market.
According to TGS Baltic, "Siauliu Bankas is a Lithuanian capital bank which provides loans to SMEs, funded by the European Regional Development Funds. Siauliu Bankas actively participates in apartment building renovation projects, finances the implementation of energy-saving programs in L and is the leader in renovation financing in Lithuania."
TGS Baltic's team included Partner Vidmantas Drizga, Associate Partner Mantas Gofmanas, and Associate Karloina Lapinskaite.
TGS Baltic did not reply to our inquiry on the matter.