Department profile
WALLESS

Banking & Finance

Europe Guide 2026 : Estonia

Share profile

WALLESS

Rankings

About

Provided by WALLESS

WALLESS has an outstanding team of professionals with extensive knowledge in commercial lending, refinancing as well as loan portfolio transfers and securitizations. We represent banks and borrowers in a wide range of secured finance, acquisition and asset finance, project finance and trade finance transactions across the Baltics. The team is also known for its financial regulatory expertise as well as work on debt and equity capital markets transactions.

Deals:

  • Advised private funds of Blackstone in relation to acquisition of a controlling stake in Luminor Bank
  • Advised international banks on several Eurobond issuances as well as the largest ever IPO of Ignitis Group
  • Advised Inbank in obtaining authorization to open a bank branch in Lithuania
  • Assisted the shareholders of R&D insurance brokers, the largest insurance intermediary in Latvia, in attracting strategic investor
  • Advised Sakret Holding, one of the leading manufacturers of building mixes, in a bond issuance
  • Advised international bank on commodity financing matters involving shipping and storage of various oil products in Estonian seaports
  • Advised regional financial institution on EUR 27m facility extended to a Nordic industrial group operating in Central and Eastern Europe
  • Assisted Funderbeam in obtaining an authorization of an investment firm from the Estonian FSA

Clients (1)

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

Industries (1)

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

Chambers Review

Provided by Chambers

Banking & Finance - Estonia

Band 2

What the Team is Known For
WALLESS houses a robust and integrated team that is active on a range of banking and finance topics. The law firm has particular expertise in regulatory issues, often advising financial institutions on licensing mandates. It also provides support in financing and refinancing transactions, including advice on loan agreements and capital markets matters. The team is experienced in cross-border instructions and acts for a diverse client roster that consists of domestic and international banks, state entities and corporates.
View ranking table

Work Highlights

Provided by Chambers

  • WALLESS represented a group of institutional investors including East Capital, Firebird, Invesco, INVL and Trigon in a dispute over the squeeze-out price paid for the shares of OEG by Novalpina Capital Partners.

Strengths

Provided by Chambers

  • WALLESS provides excellent service and guidance, addressing clients’ needs quickly.

    Banking & Finance respondentEurope

  • WALLESS is pragmatic. Its opinions don't go overboard but focus on what is relevant and what the real risks are. Its industry knowledge and flexibility are highly valued.

    Banking & Finance respondentEurope

  • They are personal in their communication and work.

    Banking & Finance respondentEurope

Notable Practitioners

Provided by Chambers

  • Hannes Vallikivi
    Hannes Vallikivi

    Hannes Vallikivi

    Hannes Vallikivi advises clients on regulatory matters such as licensing and passporting issues. He has additional experience in acquisition financing and capital markets mandates, including those involving securities and derivatives.

    View profile
  • Andres Siigur
    Andres Siigur

    Andres Siigur

    Andres Siigur assists investment funds with regulatory topics connected to licences and passporting. In addition to his experience advising on loan agreements, he offers further capabilities in capital markets matters and aviation finance mandates.

    • Andres is approachable, quick to act and pragmatic.

      Banking & Finance respondentEurope
    View profile

Ranked Individuals at WALLESS (2)

Estonia

Members

Provided by WALLESS

WALLESS has rankings in the following guides

What success is built on

Chambers is the leading data and intelligence partner for the legal sector.

Explore thought leadership