A large component of the Prica & Partners' banking practice consists of advising lending institutions in financing domestic mergers and acquisitions, leveraged buyouts, joint ventures and equity investments.
Our team assists clients with all aspects of the deal structure assuring compliance with domestic regulations, the relationships between senior and subordinated lenders, and all other issues particular to the syndicated loan market.
We have represented International Finance Corporation of the World Bank Group (IFC) since the 70’s and have worked for the IFC in most of their projects / involvements in the former Yugoslavia, Serbia and Montenegro and now in Serbia such as:
- loan facility to one of the largest Serbian concerns, which included due diligence on 8 different members of the concern;
- subordinated loan facility and acquiring of minority interest in several banks in Serbia;
- joint venture with the largest tyre producing plant in Serbia and granting of a loan;
- loan facility granted to a large beverage company in Serbia;
- project relating to privatization of the sewage and water system in Belgrade;
- loan facility granted to a medical / rehabilitation centre in Montenegro.
We have also assisted the European Bank for Reconstruction and Development (EBRD) in several projects:
- restructuring of securities - pledge on trademarks, pledge on assets, related party corporate guarantee and personal warranty established in relation to a loan granted to the major coffee production company in Serbia;
- intended equity investment and loan facility to a private bank in Serbia.
Other representative projects include representing:
- Société Générale Yugoslav Bank AD regarding loan facility granted by the European Investment Bank;
- ProCredit Holding a.d. on the preparation of their initial public offering (IPO) on the Frankfurt Stock Exchange;
- LHB Bank a.d., regarding subordinated loan facility granted by a shareholder;
- EFG Eurobank AD, regarding enforcement of collaterals (bills of exchange and guarantees) underlying to a number of agreements on short-term credits and discount of bills of exchange in view of ICC Uniform Rules on the First Demand Guarantees and applicable provisions of Serbian law.