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CMS Advises EBRD and Raiffeisen Bank Serbia on EUR 30 Million Financing to CTP Property

CMS Advises EBRD and Raiffeisen Bank Serbia on EUR 30 Million Financing to CTP Property

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CMS has advised the EBRD and Raiffeisen Bank Serbia on a EUR 30 million financing extended to CTP Property companies in Serbia for the purpose of refinancing of the existing financial indebtedness and for the development, construction, and operation of light manufacturing and warehouse facilities.

The facilities, which are located in Belgrade, Novi Sad, and Kragujevac, have a total net leasable area of approximately 72,000 square meters. 

NKO Partners advised CTP on the deal (as previously reported by CEE Legal Matters in two separate stories: on July 3, 2020,  and on August 4, 2020).

CMS’s team included Belgrade-based Partner Milica Popovic and Lawyer Ksenija Boreta and Sofia-based Partner Elitsa Ivanova and Associate Katerina Hristova.

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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