Walless has advised Siauliu Bankas on its EUR 50 million issuance of ten-year subordinated bonds in international financial markets.
According to Walless, by "including these subordinated bonds in the bank’s Tier 2 capital, the bank can now expand its capital base, providing spacious room for sustainable growth. The international subordinated bond issuance has exceeded initial expectations, capturing the attention of investors. The funds raised through this venture will further enable the bank to maintain its lending volume to Lithuanian businesses, establish an efficient capital structure, and meet supervisory authority requirements."
The Walless team included Partners Joana Baublyte-Kulviete and Laurynas Narvydas, Associate Partner Enrika Tamasauskaite, and Associate Karolis Katauskas.
Walless was unable to provide additional information on the matter.
