Serbia’s capital markets are maturing, with bond issuances expected in 2025 and renewed interest in alternative investment funds following reduced thresholds, according to ZSP Advokati Partner Nikola Sugaris.

Gladei & Partners has advised the Trans-Oil Group on refinancing its USD 500 million, senior secured Eurobond due 2026.

White & Case's Turkish affiliate law firm GKC Partners has advised joint bookrunners Citi Global Markets Limited and Morgan Stanley on Gdz Elektrik's Rule 144A/Reg S USD 400 million issuance. Unsal Attorney Partnership advised Gdz Elektrik.

White & Case has announced a new Local Partner hire in Prague as well as four new Local Partners in Prague and Warsaw as part of its latest promotion round.

CK Legal Chabasiewicz Kowalska has advised Kruk on its latest issuance of series AP2 bonds.

Wolf Theiss has advised Raiffeisen Bank International on the issuance of EUR 650 million fixed to reset rate additional tier 1 notes and on its tender offer for the repurchase of EUR 650 million fixed to reset rate additional tier 1 notes issued in 2017. Freshfields Bruckhaus Derringer reportedly advised the banks.