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ODI and Ketler & Partners Advise on Eta Invest Refinancing

ODI and Ketler & Partners Advise on Eta Invest Refinancing

Slovenia
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ODI Law has advised Slovenian real estate developer Eta Invest on refinancing its financial debt owed to Elements Capital Management with a new loan obtained from a commercial bank. Ketler & Partners, a member of Karanovic, advised ECM.

According to ODI, "the refinancing represents the completion of a financial restructuring initiated in 2019 by the private equity fund acquiring all financial claims existing at the time," (as reported by CEE Legal Matters on November 13, 2019).

"Eta Invest is currently managing the construction of 28 villas near Nova Gorica, Slovenia. The construction is a welcomed novelty in an otherwise undernourished regional housing market," the firm informed.

The ODI team was led by Partner Tine Misic and Senior Associate Primoz Mikolic and included Associate Eva Hafnar.

The Ketler & Partners team included Partner Igor Angelovski and Senior Associates Vesna Lozak Polanec and Petra Lipovsek.

Karanovic & Partners at a Glance

Karanovic & Partners is a regional legal practice in Southeast Europe with a tradition spanning over 25 years and cooperating offices in Serbia, Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, North Macedonia, and Albania. With more than 150 attorneys at law working together across the region, we take pride in our work, dedication, and understanding of our clients' industries and needs.

We work with some of the most respected and reputable businesses in the world, banks, as well as governments, state-owned entities, start-ups, and NGOs. We see our clients as long-term partners. We focus on straightforward solutions and tailor-made advice. Lawyers cooperating with us are fully immersed in our clients’ culture and industry to ensure that the work is delivered intelligently and reliably.

In our company culture, excellence is a must. We are reliable, adaptive, and fast. We operate under the “one team” principle, combining our regional reach and local know-how to deliver coordinated legal advice necessary for achieving our clients’ goals.

We are ambitious to propose innovative legal solutions and we are at the forefront of legal developments in Southeast Europe, pioneering new areas of the law and paving the way for new practices and regulations.

Firm's website.