Divjak, Topic, Bahtijarevic & Krka has advised the IFC on its EUR 75 million investment in bonds issued by the Erste & Steiermarkische Bank.
According to DTB, “the investment [is] aimed at increasing access to green housing loans and boosting climate finance in Croatia.”
According to the IFC, “IFC's support will allow the bank to finance mortgage borrowers in the country, with 40 percent of the proceeds earmarked for green housing loans. IFC's financing package will further enhance the resilience of the financial sector and promote a dynamic domestic corporate bond market by increasing the diversity in instruments offered by Croatian entities.”
DTB’s team included Partner Martina Kalamiza Grozdek and Trainee Lorena Micik.