Harrisons has advised EBRD on three financing facilities with Banca Intesa Beograd totaling EUR 72 million.
According to Harrisons, the facilities include "a new risk-sharing framework of up to EUR 50 million; a EUR 15 million loan under the SME Go Green program co-funded by the European Union; and a senior loan of up to EUR 7 million under the Western Balkans Women in Business program."
Furthermore, Harrisons reports that "Banca Intesa became the first Serbian bank to benefit from a new risk-sharing framework which is designed to allow the EBRD to share partner banks’ exposure to local large or small and medium-sized enterprises through unfunded risk participation. The EUR 15 million loan signed under SME Go Green will be used to provide sub-loans to eligible small and medium enterprises in Serbia." Additionally, the firm reports that "the senior loan of up to EUR 7 million is for on-lending to eligible women-led SMEs in line with the criteria under the second phase of the Western Balkans Women in Business program."
The Harrisons team included Principal Mark Harrison, Consultant Ines Matijevic-Papulin, and Associate Mina Zeljkovic.
