LHV

Had a chance to share LHV’s Gemini Enterprise experience at Google Cloud Estonia (thanks Jüri Kirpu for the opportunity). In banking, regulation is heavy and compliance is important, especially data privacy and residency. Gemini Enterprise has made things easier on that front and allowed people to work and experiment with AI tools. You might not care if your surgeon is the world’s best handwasher, but you probably don’t want one who doesn’t wash their hands. Hygiene matters even with AI. Photo by Vladislav Šikirjavõi

Q1 has likely been the busiest one yet for the LHV Investment Banking team—both in volume and across the full spectrum of what we do. From debt capital markets to M&A and strategic advisory, and now working on bringing equity markets back into the mix in the Baltics. Successfully completed projects in Q1 2026: 🔹 Endover bond offering (€5m) Public offering with up to ~8.5% yield → Continued momentum in local debt capital markets 🔹 Apollo Group bond issue (€50m) Lead arranger on Apollo Group’s inaugural public bond offering (5-year, 7%) → Supporting one of the region’s leading consumer businesses with growth capital 🔹 Invego bond issue (€8m) Acted as arranger for a 4-year bond at 9.5% → Expanding financing options in the real estate sector 🔹 Strategic advisory on Omniva ’s privatization Supporting the analysis together with Ellex Raidla → The analysis supported the State’s decision to initiate the privatization process of Omniva 🔹 Coop Eesti Keskühistu × Prisma Peremarket Advised on the acquisition of 13 stores from SOK → Strengthening Coop’s position in the Estonian retail market And currently in progress: 🔹 Liven AS IPO (planned) Working towards bringing a new company to the public markets → Putting equity capital markets and IPOs back on the map in the Baltics Proud to be part of a team ( Silver Kalmus , Berit Reimand , Hermann Eensaar , Siim Viilukas , Kristjan-Mart Piirsalu ) delivering across all fronts. P.S. Not the full team picture yet—Siim and Kristjan, we’ll get you in the next one.