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Miskovic & Miskovic and MPRR Advise on EUR 305 Million Bond Issuance by Zagrebacki Holding

Miskovic & Miskovic and MPRR Advise on EUR 305 Million Bond Issuance by Zagrebacki Holding

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Miskovic & Miskovic has advised joint agents Erste & Steiermaerkische Bank, Privredna Banka Zagreb, and Zagrebacka Banka on the Zagrebacki Holding’s EUR 305 million sustainability-linked bond issuance. Mamic, Peric, Reberski, Rimac advised Zagrebacki Holding.

According to Miskovic & Miskovic, this bond issue guaranteed by the City of Zagreb is the first sustainability-linked bonds issue of a utility company in Croatia and "represents the largest tranche of a corporate bond issue ever done on the capital market in the Republic of Croatia." The EBRD and IFC were also involved as institutional investors. The bonds were issued in the nominal amount of EUR 305 million with a maturity of five years, with a fixed annual interest rate of 4.90%, and are listed on the Official Market at the Zagreb Stock Exchange.

The Miskovic & Miskovic team included Partner Pavo Miskovic and Lawyers Maja Seat and Hana Fiala.

The MPRR team included Partner Luka Rimac, Junior Partner Frano Belohradsky, and Attorney at Law Lucija Roncevic.

Editor's Note: After this article was published, Lovric Novokmet & Partners announced it had advised anchor investor IFC on its EUR 72.5 million subscription. The LNP team included Partners Pavo Novokmet and Martina Kalamiza, Senior Associate Petar Alilovic, and Associate Lucija Zelenkovic.

Croatian Knowledge Partner

Čipčić-Bragadin Mesić & Associates is one of the leading law firms in Croatia that serve companies, credit & financial institutions and public entities. We have been recommended and recognized as the legal experts and service leaders by many leading international legal guides for more than 15 consecutive years. With roots dating from 1928. we now probably have more tradition, experience and market presence than almost any other law firm in Croatia. We work closely with the leading international law firms and consultants so we’re able to manage complex, cross-border projects and deals seamlessly and successfully. Around 85% of our clients are international enterprises doing business in Croatia. List of our clients include some of the world-renowned companies such as Amazon Europe Core, China Machinery Engineering Corporation, Tate & Lyle, Nafta a.s., Unilever Croatia, Unilever Hungary, Lenovo, Innoenergy CE, Flixmobility, Flixbus CEE South, Okoenergie Group, CTC Holding, Bunge Limited, Chipita, Rolls-Royce, Canvas Holidays, Vacalianselect, Redgate Software, Red gate Investment, Yahoo!, Aston Martin Lagonda, Domino Printing UK, Domino Printing Sciences, Goldman Sachs, Deutsche Bank, Barclays Bank, HSBC, State Street Bank, Citigroup Global Markets, Credit Suisse, Bank of America Merill Lynch, Standard Chartered, Och-Ziff Capital Management, Amundi Asset Management, Altima International, Red Arc Global Investments, SMBC Nikko Capital Partners, Royal Bank of Scotland, Morgan Stanley International, J.P. Morgan group, Allianz Global Investors, Schroders, Macquarie Bank, Digital Finance International, Winton Capital Management, Citibank, Invesco Asset Management Österreich, Croatian Pension Investment Company, Unicredit Bank AG etc. We enjoy learning about our clients’ businesses and want to understand them completely so we can provide the best possible and complete service.

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Firm's website: cipcic-bragadin.com


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