Walless has advised Merito Partners on raising EUR 4 million via bond issuances arranged by Signet Bank to fund new self-storage facilities in Tallinn and Vilnius.
Fort Legal Advises Idavang on Early Bond Redemption Financing
Fort Legal has advised Idavang on a EUR 40 million loan from Swedbank for the early redemption of its EUR 75 million floating rate senior secured bonds, originally due in 2025.
NBU Provides Further Relief for Ukrainian Corporate Issuers To Repay Eurobonds Obligations
With effect from 21 December 2024, the National Bank of Ukraine (“NBU”) introduced new exemptions from the moratorium on foreign currency cross-border transfers. Notably, these changes broaden the scope of existing exemption for Ukrainian corporate issuers permitting to make payments in connection with Eurobond-related obligations, described in our earlier legal alert.
Future of the Legal Landscape for Crypto-Assets in Croatia
Currently, the Croatian AML Act (Official Gazette no. 108/2007, 39/2019, 151/2022) uses the term “virtual assets,” while the Markets in Crypto-Assets Regulation (MiCA) (EU Regulation 2023/1114), along with subsequent Implementing Act for MiCA (Official Gazette no. 85/2024) adopted by Croatian Parliament in July 2024), uses the term “crypto-assets.” Clearly governing the same, the terms used are similar, but slight nuances persist in definitions. Yet, inconsistency of legal terms should be avoided to prevent misinterpretation and confusion in legal applications.
White & Case Advises on CZK 1.25 Billion Retail Bond Issuance by Dr. Max
White & Case has advised on Dr. Max’s second retail domestic bond issuance valued at CZK 1.25 billion, guaranteed by Glebi Holdings, and listed on the Prague Stock Exchange.
CK Legal Advises on PragmaGO's PLN 35 Million Bonds Issuance
CK Legal Chabasiewicz Kowalska has advised PragmaGO on its issuance of four-year secured bonds of series D2.
Schoenherr Advises Erste Group on EUR 500 Million Share Buyback and Capital Reduction
Schoenherr has advised Erste Group Bank on its EUR 500 million share buyback, followed by a cancellation of treasury shares and a reduction of the company’s share capital.