COBALT advises Linstow Group on EUR 76 million financing from SEB and Danske Bank

COBALT advised Linstow Group in receiving a long term syndicated loan of EUR 76 million from SEB and Danske Banke to refinance its liabilities in shopping malls Origo and Galerija Centrs. Each of the banks has contributed half of the total amount.

Shopping center development and real estate management company Linstow Group operates in Latvia for 19 years and currently manages five shopping centers: Alfa, Origo, Galerija Centrs, Mols and Dole.

COBALT advised and assisted the client in the refinancing transaction.