Albota Law Firm has advised Nor Real Estate S.R.L. on a EUR 21 million loan agreement and related security package with OTP Bank Romania to support the development and leasing of Phase I (B1/B2) of the @Expo office project.
Integrites and CMS Advise on Nibulon's USD 80 Million Debt Reprofiling
Integrites, working with Holman Fenwick Willan, has advised Nibulon on reprofiling a USD 80 million pre-export credit facility extended by a syndicate of banks, including ING Bank NV, Credit Agricole CIB, the European Bank for Reconstruction and Development, and FMO, the Dutch entrepreneurial development bank. CMS advised the lenders.
A&O Shearman Advises NORD/LB on EUR 109 Million Financing for GoldenPeaks Capital Solar Farm Portfolios
A&O Shearman has advised NORD/LB on its EUR 109 million financing for two GoldenPeaks Capital solar farm portfolios. Dentons reportedly advised GoldenPeaks.
Sayenko Kharenko Advises EIFO on EUR 12.8 Million Financing to Nibulon
Sayenko Kharenko has advised the Export and Investment Fund of Denmark on a EUR 12.8 million secured term loan facility to Nibulon Agricultural.
New Legislation to Fight Against Money Laundering and Terrorist Financing
To support the prevention of money laundering and terrorist financing, on 26 June 2024, the Hungarian National Bank issued two new regulations, incorporating changes in domestic legislation, guidelines of the European Banking Authority and lessons learned from supervisory experience.
Closing: Banca Transilvania's Purchase of OTP Bank Romania Now Closed
On August 1, 2024, Filip & Company and CMS announced that Banca Transilvania's purchase of OTP Bank Romania (as reported by CEE Legal Matters on February 21, 2024) has now closed.
Ellex Advises Ergo International on Acquisition of ADB Gjensidige
Ellex has advised Ergo International on the acquisition of ADB Gjensidige from Gjensidige Forsikring ASA.