Sector: Finance; Real Estate; Restructuring
Practice Area: Corporate & Commercial; Distressed, Special Situation & Loan Market Transactions
The firm has successfully acted for an international investment entity in closing EUR 7+ million secondary market loan transactions which concern loan receivables secured on various real estate assets in Serbia. The team has advised the seller on the negotiations, structuring, signing and closing of the deal. The underlying assets were distressed following the Great Recession and the resulting recessionary years in the region, and the relevant loan facilities were subject to multiple restructurings and negotiations over the years. Having acquired the loans trough a primary sale from the originators, the seller’s exit marks another successful investment cycle in the Serbian assets.