Former Counsels Robert Wippel, Desiree Prantl, and Claudia Fochtmann-Tischler and former Senior Associate Daniel Orosz were promoted to Partners at Baker McKenzie as part of the firm's 2024 promotions round.
Cakmak and Esin Advise on EBRD's EUR 25 Million Financing to Cimsa
Cakmak has advised the EBRD on its EUR 25 million financing to Sabanici Holding subsidiary Cimsa. Baker McKenzie's Turkish affiliate Esin Attorney Partnership advised Cimsa.
PAE Splits Into AECO and PKS in Turkiye
Pelister Atayilmaz Enkur Law Office in Turkiye has split into AECO Law and Pelister Keki Sarac & Co.
Eversheds Sutherland Advises on Third TBI Bank EUR 20 Million MREL Notes Issuance
Eversheds Sutherland Bulgarian member firm Tsvetkova Bebov & Partners has advised on TBI Bank's EUR 20 million issuance of MREL notes.
White & Case Advises Joint Bookrunners on PKO Bank Polski’s EUR 500 Million Notes Issuance
White & Case has advised global coordinator and joint bookrunner Erste Group Bank and joint bookrunners BNP Paribas, J.P. Morgan, Powszechna Kasa Oszczednosci Bank Polski, and UniCredit Bank on PKO Bank Polski's issuance of series 3 EUR 500 million 4.5% senior non-preferred notes due 2029. A&O Shearman reportedly advised PKO Bank Polski.
Wolf Theiss Advises Bulgarian-American Credit Bank on Subordinated Notes Issuance and Listing
Wolf Theiss has advised Bulgarian-American Credit Bank on its issuance and listing of EUR 15 million 8.00% 2024-2034 subordinated tier 2 notes.
CMS Advises Alior Bank on Sale of RON 97 Million Retail Performing Loan Portfolio
CMS has advised Alior Bank, via its branch in Romania, on the sale of a portfolio of approximately 4,000 retail clients, to Romanian bank Patria Bank.