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Croatia: Corporate News

Fortenova Refinances Its Existing Bond

Fortenova business group has refinanced its existing bond in the amount of EUR 1.2 billion through a new bridge-type financing.

The team of legal counsels to the lenders was led by Hogan Lovells International LLP. Karanović & Partners team advised the lenders on the project. Our colleagues, Partner Igor Angelovski and Senior Associate Ajda Kuhar from Ketler & Partners, member of Karanovic, advised on Slovenian aspects, while our Senior Associate Sandra Perišić was advising on the Montenegrin aspects of the deal.

Fortenova, a successor to collapsed food-to-retail concern Agrokor and the owner of Mercator Group, is Croatia’s top employer and largest retailer and major food producer.

 

Senior Associate refers to Independent Attorney at Law in cooperation with Karanovic & Partners.

The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.