COBALT advised Latvian national airline airBaltic in relation to issuance of 200 million euro five-year bonds to be listed on Euronext Dublin stock exchange. Thus far it is the largest corporate bond issue originating from Latvia.
The legal assistance, inter alia, included tax advice on various aspects related to taxation of income from bonds, including withholding tax aspects.
airBaltic connects the Baltic region with over 80 destinations in Europe, the Middle East, and the CIS. The airline is a joint stock company that was established in 1995.