TGS Baltic advised Mulga, a local subsidiary of Pontos, and Pontos on the amendments to the credit facility agreement entered into with Nordea Bank AB. Pursuant to the amendment agreement, main conditions of the credit agreement were changed and an additional loan facility of EUR 8 million was extended. The deal value is EUR 28.8 million.
TGS Baltic team – Partner Vilius Bernatonis and Associate Donatas Šliora – were advisors to Mulga, UAB in this process on all related legal issues.
Pontos is a private equity and real estate investment company operating in Finland, the Baltic States and Portugal. The net value of the company’s portfolio is in the range of EUR 250-300 million. Mulga, UAB, a local subsidiary of Pontos, carries out lease of premises in Lithuania.
