EY Law Hungary has advised Magyar Takarekszovetkezeti Bank Zrt. on the EUR 12.5 million refinancing of Korda Studios, located in Etyek, Hungary. The borrower was represented by Kinstellar.
Korda is a state-of-art film studio complex located 30 kilometers west of Budapest. The studio is named after Alexander Korda, a Hungarian-born British film producer and director. It consists of six sound stages on 15,000 square meters and more than 2,800 square meters of production accommodations.
EY Law’s banking team consisted of Managing Partner Ivan Sefer, Senior Lawyer Walid Frolich, and Trainee Mark Seres.
The Kinstellar team was led by Managing Partner Csilla Andreko and included Senior Associates Zsuzsa Andreko and Levente Hegedus.