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WALLESS
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Banking & Finance

About

Provided by WALLESS

WALLESS has an all-rounded Banking and Finance Team experienced in project finance, acquisition finance, and asset finance, it also has a unique aircraft and shipping finance expertise. WALLESS Banking and Finance Team together with the firm’s renewable energy colleagues intensively work on green finance (both bank lending and debt capital markets). WALLESS Banking and Finance Team is led by partners Mr. Gediminas Rečiūnas and Ms. Joana Baublytė-Kulvietė – both being highest ranked by all major legal directories in banking and finance.


Deals:

  • Acted as leading counsel of the European Bank for Reconstruction and Development (EBRD) on the second loan to the Lithuanian Public Investment Development Agency (VIPA) for greening buildings in Lithuania
  • Assisted Saldo Finance in obtaining a specialised bank license from the Bank of Lithuania and the European Central Bank
  • Assisted Payrnet/ Railsbank in successfully obtaining an e-money institution license from the Bank of Lithuania
  • Assisted RIA Financial in setting up a company in Lithuania and obtaining a payment institution license from the Bank of Lithuania
  • Assisted Simplex in the acquisition transaction with Safecharge/ Nuvei
  • Advised international banks on several Eurobond issuances as well as the largest ever IPO of Ignitis Group
  • Advised private funds of Blackstone in relation to acquisition of a controlling stake in Luminor Bank

  • Advised DAT group in financing of acquisition of aircraft hangar located in Kaunas, Lithuania

Chambers Review

Provided by Chambers

Banking & Finance - Lithuania

2
Band 2

What the Team is Known For

WALLESS advises a client roster of private equity firms, corporate entities and banks as well as fintech companies. The team is particularly active in bond issuances, as well as financial regulatory matters. The lawyers also assist with project financing and acquisition financing mandates.

Work Highlights

Provided by WALLESS

  • WALLESS advised Swedbank on EPSO-G’s EUR75 million sustainability bond issue.

Strengths

Provided by Chambers

"WALLESS provides us with swift, efficient and pragmatic guidance."

Banking & Finance respondent
Europe

"What sets WALLESS apart is its proactive nature."

Banking & Finance respondent
Europe

"I know that WALLESS has my back with the questions and issues I have forwarded."

Banking & Finance respondent
Europe

"Proactivity is actually another big thing I have high regards for at this law firm."

Banking & Finance respondent
Europe

Notable Practitioners

Provided by Chambers

Gediminas Rečiūnas
1
Gediminas Rečiūnas
1
Band 1

Gediminas Rečiūnas is a popular choice with lenders for advice on loan agreements and project finance mandates. He also stands out for his work on regulatory matters, such as sanctions and assisting with transactions in the banking sector.

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Joana Baublytė-Kulvietė
3
Joana Baublytė-Kulvietė
3
Band 3

Joana Baublytė-Kulvietė advises clients on bond issuances and cash pooling, as well as acquisition financing and regulatory matters.

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Ranked Lawyers at
WALLESS

Provided by Chambers
Filter by
Band

Lithuania

Banking & Finance
Gediminas Rečiūnas
1
Gediminas Rečiūnas
1
Band 1
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Joana Baublytė-Kulvietė
3
Joana Baublytė-Kulvietė
3
Band 3
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Members

Provided by WALLESS

Akvilė Marozaitė

Aušra Brazauskienė

Enrika Tamašauskaitė

Grėta Šumskytė

Karolis Katauskas

Laurynas Narvydas

Lina Radavičienė

Simona Vosylienė

Viktorija Dusajeva

Clients

Provided by WALLESS

Swedbank, Danske Bank, Luminor Bank, Ria, Unicredit, BTA

Industries

Provided by WALLESS

Banking and Finance, Project Finance, Capital Markets, Investment Services and Derivatives, Funds, Insurance, Fintech, Aviation and Aircraft Finance