Schoenherr has advised Pan-Pek on securing a EUR 20 million long-term loan from Privredna Banka Zagreb, part of the Intesa Sanpaolo Group, in cooperation with the European Bank for Reconstruction and Development.
Pan-Pek is a Croatian baked goods producer. With over 32 years in the industry, Pan-Pek operates a wide range of retail locations across Croatia.
According to Schoenherr, the financing was provided under a recently signed Risk Sharing Framework. The RSF aims to increase support for the national economy by sharing risks between commercial banks and the EBRD, primarily focusing on domestic corporate enterprises.
The Schoenherr team included Attorneys at Law Kresimira Kruslin and Lea Muzic and Associate Dino Rakic.
