CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Lexist, working with King & Spalding, has advised the Aydin Group on the sale of a 20% shareholding in the TOM financial group of companies – including a digital participation bank, licensed e-money and payment services company, and a licensed financing company – to the Dubai Islamic Bank. Norton Rose's Dubai office and its Turkish affiliate Pekin Bayar Mizrahi reportedly advised the DIB.
AKL has advised Alpha Bank on a EUR 350 million refinancing deal with Astir Palace Vouliagmenis.
Drill has advised DelfinGroup on securing EUR 11 million in financing for its business development initiatives from Cyprus-based Multitude Bank.
Schoenherr has advised Kommunalkredit Austria on a EUR 25 million loan to the INVL Renewable Energy Fund I to finance the construction of solar power plants with a total capacity of 51 megawatts in Romania. Glodeanu & Partners advised the INVL fund. Sorainen reportedly advised Kommunalkredit as well.
Dentons and TGS Baltic have advised the European Investment Bank and Nordic Investment Bank on their EUR 64 million project financing for Ignitis Renewables to fund the Mazeikiai wind farm in Lithuania. Walless and Linklaters advised the Ignitis Group.
Baker McKenzie has advised the VT5 Acquisition Company – a SIX-listed Swiss special purpose acquisition company – on the acquisition of R&S International Holding AG, an agreed business combination to take the R&S Group public on the SIX Swiss Exchange. Swiss law firm Advestra advised sole global coordinator UBS and joint bookrunner ZKB.
Wolf Theiss has advised Panattoni on obtaining a EUR 17 million financing from BNP Paribas Bank Polska for the construction of the Panattoni Park Grodzisk V warehouse park in the village of Natolin, near Warsaw.
