Cobalt has advised the Amber Beverage Group Holding on listing the notes from its EUR 30 million April 2023 bond issuance on the Nasdaq Baltic Bond List.
The Amber Beverage Group Holding is a spirits company. Starting with its initial production business in the Baltics, the company has developed a global presence in the alcoholic beverages sector, with over 1,600 employees.
According to Cobat, the listing of Amber Beverage Group Holding bonds on Nasdaq Riga, following its listing at the Frankfurt Stock Exchange, was funded through a private offer to investors from various European countries. The "Amber Beverage Group has joined the capital markets to further develop and strengthen its global position. This move will enhance their capacity to finance large-scale projects," the firm reported.
Back in April, Cobalt also advised the Amber Beverage Group on its EUR 30 million issuance of four-year senior secured bonds with Signet Bank as the arranger (as reported by CEE Legal Matters on May 3, 2023).
The Cobalt team included Partner Edgars Lodziņs, Senior Associate Krisjanis Buss, and Associate Maira Puzule.
