The sustainable finance sector has seen a surge, with Sustainability-Linked Loans (SLLs) hitting EUR 212 billion in early 2024^[1], driven by a global emphasis on environmental responsibility and incentivizing ESG-compliant practices. This trend underscores the role of SLLs in corporate finance and global sustainability efforts.

Norton Rose Fulbright, working with Harneys, has advised BNP Paribas Bank Polska and other lenders on the extension of a loan to ISOC/Blackrod to finance the Argon office building located in Gdansk, Poland. KNP Kaminski reportedly advised the borrower.

Sayenko Kharenko has advised the European Bank for Reconstruction and Development on a EUR 12 million loan to the city of Kryvyi Rih under EBRD’s Resilience and Livelihoods framework.

CMS Hungary Partner Katalin Horvath and CMS Austria Partner Stefan Paulmayer discuss the implications of central bank digital currencies (CBDCs) and the evolving landscape of digital payments in Europe.

On June 15, 2024, the long-awaited Act on the Judicial Protection Procedure for Former Holders of Qualified Liabilities of Banks (ZPSVIKOB 1) entered into force in the Republic of Slovenia.

Clifford Chance has advised UKEF and Standard Chartered Bank on the UKEF and KUKE-covered green financing of EUR 249 million for Kaylon Enerji.