ADON legal acted as a strategic legal advisor to Galio Group in a financing transaction with AS SEB banka in Latvia
We are excited to announce that our team at ADON legal recently had the opportunity to work with GALIO GROUP, UAB as their strategic legal advisor in a financing transaction with SEB Latvia.
Marius Matiukas, a partner at our firm, was entrusted to guide group company of GALIO GROUP, UAB through the process and we are pleased to report that the transaction was successfully completed. The bank extended a loan in excess of EUR 15 million, which GALIO group will use for final stage of development of the Riga-based GUSTAVS Business Center. GUSTAVS Business Center is the first project to be launched in Riga planned by GALIO GROUP, UAB and the first building of the GUSTAVS Business Center will be a tailor-made office for SEB Global Services centre in Riga. The project will transform industrial district into 41,000 sq. m. BREEAM New Construction Excellent office space.