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Selih & Partners and RPPP Advise on Syndicated Loan for Interblock Group

Selih & Partners and RPPP Advise on Syndicated Loan for Interblock Group

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Selih & Partners has advised Slovenia's NLB banking and finance group on a long-term syndicated loan of USD 72 million and a mid-term revolving facility of EUR 30 million extended by a consortium of banks which it belongs to the Interblock Group. Rojs, Peljhan, Prelesnik & Partners advised Interblock on the deal.

The consortium of the banks consisted of the organizer Nova Ljubljanska banka and agents Abanka, Addiko bank, NLB, Nova KBM, and SID. According to NLB, the funds provided to Interblock d.d. and Interblock USA L.C. -- suppliers of electronic components for the gambling industry -- will assist with business development and planned growth in foreign markets.

Interblock founder Joc Pececnik said, “a good financial structure is one of the basic conditions for good performance. The Interblock Group is in the period of intense growth and rising value, along with constant innovations and implementations of new products and solutions in the market. Our goal is to keep one step ahead in our industry by developing the best products.”

The Selih & Partners team was led by Partner Mia Kalas and included Partner Barbara Hocevar, Senior Associate Spela Remec, and Associates Andraz Glavac, Martin Carni, and Uros Novoselic.

The RPPP team was led by Partner Gregor Pajek and included Associate Urh Sustar and Junior Associate Joze Stare.

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