A major 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.
We assist clients with all aspects of the deal structure, negotiation and documentation, 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, namely:
- 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, including:
- 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.
Some of our representative matters also include advising:
- Société Générale Yugoslav Bank AD, Belgrade regarding loan facility granted by the European Investment Bank;
- ProCredit Holding AG on the preparation of their initial public offering (IPO) on the Frankfurt Stock Exchange;
- LHB Bank a.d., Belgrade regarding subordinated loan facility granted by a shareholder;
- EFG Eurobank AD, Belgrade 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;