Dentons, working with E+H, has advised a club of senior lenders, led by Tatra Banka as the global coordinator, on financing for Tatry Mountain Resorts consisting of a EUR 180 million senior facility and a EUR 110 million junior facility. Kinstellar advised J&T Banka as the junior lender. A&O Shearman advised Tatry Mountain Resorts.

Eversheds Sutherland has advised Santander Bank Polska on the consolidation and extension of its financing of a portfolio of seven real properties owned by Adgar Poland.

Kinstellar has advised Banque Federative du Credit Mutuel on the acquisition of BNP Paribas’s Hungarian subsidiary Magyar Cetelem Bank. Wolf Theiss advised BNP Paribas.

Convertible loans have emerged as a pivotal financial instrument for start-ups navigating the challenging terrain of early-stage funding (pre-seed and seed), also called angel investment. These loans are a hybrid of debt and equity financing, offering a unique solution for companies that are not yet ready for a formal valuation or are seeking to bridge funding gaps between capital-raising rounds.

Clifford Chance and Bernitsas have advised the Hellenic Financial Stability Fund on its EUR 690 million sale of a 10% stake in the National Bank of Greece with J.P. Morgan, Goldman Sachs, Morgan Stanley, and UBS as the joint global coordinators. Milbank reportedly advised the underwriters.

White & Case's Turkish affiliate GKC Partners has advised Akbank, ING Turkiye, MUFG Bank Turkey, QNB Finansbank, and Turk Ekonomi Bankasi on an approximately EUR 90 million loan to Temsa.