PRK Partners has advised J&T Banka on a EUR 68 million loan granted to the Julius Meinl Living Group. Glatzova & Co reportedly advised the Julius Meinl Living Group.

Former Deloitte Legal Partner Lawyer Katarzyna Jakubiak has joined DLA Piper as a Partner in the firm's International Finance group. Joining alongside her is Senior Associate Anna Tomaszewska.

Gide Warsaw has advised Frey on obtaining a EUR 50 million loan from BNP Paribas Bank Polska for refinancing the Matarnia Retail Park in Gdansk, Poland. CMS advised BNP Paribas.

Dentons has advised CEC Bank on a EUR 300 million issuance of eligible senior non-preferential securities, intended to be classified as MREL-eligible instruments. Clifford Chance advised joint bookrunners and co-arrangers Erste Group Bank and ING Bank and co-manager BT Capital Partners.

Factoring has emerged as an essential financial solution for businesses in Hungary, offering a fast and flexible way to maintain cash flow and bridge liquidity gaps, especially for those with extended payment terms in sectors like agriculture, manufacturing and logistics. However, navigating Hungary’s complex regulatory landscape can pose challenges for companies seeking to use factoring to its fullest potential. With options like silent factoring available to help preserve client relationships and a need for thorough understanding of local laws, businesses can benefit significantly from a strategic approach. This article explores the advantages of factoring in Hungary, along with key regulatory considerations to ensure compliance and stability in companies’ financial operations.

Divjak, Topic, Bahtijarevic & Krka has advised the EBRD on providing Zagrebacka Banka with an uncapped unfunded portfolio guarantee of up to EUR 80 million under the European Union’s InvestEU Program.