Banking and Finance

Typical areas covered

  • Acquisitions, real estate and projects financing, including syndicated lending and security transactions
  • Debt restructuring and refinancing
  • Banking and financial industry related regulatory matters
  • Registration & licensing of various financial market participants and their products, assistance in the relationship with the competent local authorities

Recent Representative Experience

  • Advising Banca IMI, the investment bank of Intesa Sanpaolo Group on the local (Slovak) legal and tax aspects concerning the specific issue of the investment certificates with memory effect under the Certificates Programme of Banca IMI S.p.A. and the distribution of the securities to the public in Slovakia through VUB bank, a member of the same Intesa Sanpaolo Group.
  • Advising client, a US private investor, on financing aspects of the acquisition of a Slovak target engaged in the automotive industry. The finance part of the transaction included advice on the local legal and tax issues that could be triggered by the financing of the transaction and post-closing day-to-day operation of the Slovak subsidiary, the analyses of the agreed cash-pooling arrangement, finalizing the security structure in connection with the bond subscription agreement, assistance regarding the repayment of the existing loans, and establishment of the Slovak collateral.
  • Advising client, a member of an Austrian real estate investment group, on acquisition of real estate financing, including reviewing the loan documentation and support in negotiations.
  • Advising client, a member of the World Bank Group, on validity and enforceability of the security provided by a Slovak company.
  • Advising client, one of the world’s leading brewers, on the implementation of a treasury services agreement in Slovakia.
  • Advising client on restructuring and termination of certain derivatives transactions (interest rate swap transactions) entered into with local and international banks.