TEGOS Latvian office advised INVL Bridge Finance Fund on its successful exit from SIA Finto Capital, a leading Latvian consumer car leasing company. Finto Capital redeemed nearly EUR 5 million in bonds ahead of schedule as a German investment fund stepped in to support its next growth phase.
Over three years, INVL Bridge Finance provided flexible bridge financing that enabled Finto Capital to triple its loan portfolio and strengthen its market position. The fund delivered an annual return exceeding 15% for investors.
The new German investor, specialising in alternative lending portfolios, will finance Finto Capital’s expansion beyond Latvia. The company, currently serving over 1,200 clients, plans to grow its EUR 7 million loan portfolio and enter other European markets.
TEGOS contribution and expert team
TEGOS supported INVL Bridge Finance Fund by assisting with the drafting and negotiation of the bond redemption documentation, security deletion and establishment, and related corporate matters. The TEGOS team consisted of partner Inese Hazenfusa and senior associate Laura Ērkšķe.
About INVL Asset Management
INVL Asset Management, part of the Invalda INVL group, manages EUR 2 billion across multiple asset classes and remains a leading alternative asset manager in the Baltics.
More information on the transaction and its significance available here.
