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DTB and Mamic Peric Reberski Rimac Advise on EUR 31.2 Million Credit Facility for Dogus and Zadar Resort

DTB and Mamic Peric Reberski Rimac Advise on EUR 31.2 Million Credit Facility for Dogus and Zadar Resort

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Divjak Topic Bahtijarevic & Krka has advised borrower Zadar Resort and sponsor Dogus Croatia on a EUR 31.2 million loan with Privredna Banka Zagreb and the Croatian Bank for Reconstruction and Development as the mandated lead arrangers. Mamic Peric Reberski Rimac advised Privredna Banka Zagreb and the CBRD.

According to DTB, "the facility will be used for the development of a five-star luxury hotel in Zadar, which will be under the management of the leading hotel operator Hyatt."

Dogus is one of the largest Turkish conglomerates with a long-standing operation in Croatia in the tourism and leisure industry. According to DTB, "the development of the luxury hotel in Zadar is one of the largest investments in hotel facilities in Croatia. The completion of the construction works and all investment of the hotel is expected in autumn 2024."

The DTB team included Senior Partner Damir Topic, Attorneys at Law Marta Hren and Barbara Simic, and Associate Jure Marovic.

The Mamic Peric Reberski Rimac team included Partner Luka Rimac, Junior Partner Frano Belohradsky, and Attorney at Law Lucija Roncevic.

DTB at a Glance

DTB is internationally recognized and award-winning top-tier Croatian legal service provider. For almost thirty years, DTB has been successfully advising national and multinational corporations, financial institutions, investors, and governments both in everyday business and in sophisticated strategic transactions. Its dedicated team of unrivalled efficiency and competence has an interdisciplinary approach tailored to all clients’ legal needs.

Since its establishment in 1994, DTB has been constantly growing in the number of legal areas in which it provides legal services, hence today it represents a one-stop shop for any legal or corporate inquiries made by potential or existing clients. DTB’s main expertise is corporate and commercial, M&A, real estate and project finance, banking, finance and capital markets, regulatory and compliance, IP & TMT, competition and antitrust, energy, labor law and dispute resolution.

DTB’s highly ranked market position in many practice areas is reflected by constant awards and rankings of leading independent researchers. The law firm is also a member of several leading law firm networks, not only on regional, but also on the global level.

For more details, please visit dtb.hr.