Cvjeticanin & Partners has advised Emma Logistics Serbia on restructuring its EUR 5.2 million in loans from creditors BM Land Cesko and Merkury Market.
Emma Logistics is a transport and logistics solutions company.
According to Cvjeticanin & Partners, the restructuring of the EUR 5.2 million loans included three phases: converting a EUR 4.2 million loan from Emma Logistics' sole shareholder – Czech Republic-based BM Land Cesko – into founding capital; rolling up an existing loan and creating a new EUR 500,000 loan with BM Land Cesko; and repaying a EUR 500,000 loan to Poland-based Merkury Market.
The Cvjeticanin & Partners team included Partner Marija Cvjeticanin and Junior Associate Aleksandra Vukajlovic.
