Schoenherr has advised Osterreichische Volksbanken (OeVAG) on the sale of its fully-owned subsidiary Volksbank Malta, to Malta-based Mediterranean Bank.
Following on the already-reported news that Wolf Theiss has made Ileana Glodeanu a Partner in its Bucharest office, the firm announced today that it had made four more partners in various CEE offices. Lawyers Laura Struc (Ljubljana), Katerina Kraeva and Radoslav Mikov (Sofia) and Sebastian Oberzaucher (Vienna) all joined the Wolf Theiss partnership along with Glodeanu.
Morgan Lewis announced that it has advised Sberbank Europe, the Austria-based subsidiary of Sberbank of Russia, in the signing of its debut syndicated term loan facility for EUR 350 million equivalent. The loan has a tenor of 364 days with bullet repayment and carries a margin of 60 points over EURIBOR.