LHV Pank’s Covered Bond Offering


Cobalt advised AS LHV Pank on the deal.

As reported in CEE Legal Mater and in others online publications AS LHV Pank completed the establishment of a €1 billion Covered Bond Program.

LHV issued covered bonds with a maximum aggregate principal nominal value of €1 billion outstanding at any time. Once issued, the covered bonds are expected to be admitted to trading on Euronext Dublin stock exchange.

The Cobalt team consisted of Partner Marina Kotkas (Picture), Senior Associate Mattias Tammeaid, Associate Sven Bottcher and Junior Associate Johanna Lumiste.

Involved fees earner: Sven Bottcher – Cobalt Legal; Marina Kotkas – Cobalt Legal; Johanna Lumiste – Cobalt Legal; Mattias Tammeaid – Cobalt Legal;

Law Firms: Cobalt Legal;

Clients: AS LHV Pank;