In June 2023, Kinstellar announced that the first step of OTP Bank's acquisition of Ipoteka Bank in Uzbekistan – the acquisition of a 73.71% stake from the state – (reported by CEE Legal Matters on December 22, 2022) had closed.
NBU Further Lifts Martial Law Limitations in Ukraine for New Cross-border Loans
The National Bank of Ukraine (NBU) gradually continues to lift martial law limitations for cross-border borrowings.
Tsvetkova Bebov & Partners Advises Bulgarian-American Credit Bank on MREL Bond Issuance
Eversheds Sutherland member Tsvetkova Bebov & Partners has advised the Bulgarian-American Credit Bank on a EUR 15 million private placement of senior non-preferred MREL notes.
Binder Groesswang Advises Austria Wirtschaftsservice on VC Fund Introduction
Binder Groesswang has advised Austria Wirtschaftsservice on the launch of its new venture capital fund, AWS Gruenderfonds II, focusing on initial growth investments in innovative and sustainable technologies in Austria.
Sayenko Kharenko Advises on GBP 26.3 Million Reconstruction Loan to Ukraine
Sayenko Kharenko has advised Citibank and UK Export Finance on a GBP 26.3 million equivalent export loan provided to Ukraine under UKEF’s guarantee, to finance the reconstruction of bridges around Kyiv.
Komnenic & Partners and Karanovic & Partners Advise on Financing for Kotor-Lovcen Cable Car Project
Komnenic & Partners has advised Novi Volvox, Leitner, and Zicara Kotor-Lovcen DOO on the financing for the Kotor-Lovcen cable car project from OTP Bank. Karanovic & Partners advised OTP Bank through its CKB Bank subsidiary.
CMS Reich-Rohrwig Hainz Establishes English Law Desk
CMS Reich-Rohrwig Hainz has established a dedicated, separate competence center for English law – to serve its operations across CEE and SEE countries – with members including Vienna-based Partners Marcell Clark, Alexander Rakosi, and David Kohl and Solicitor Anna Freund.