ODI and Selih & Partnerji Advise on Don Don Debt Refinancing
ODI has represented AIK Banka and Societe Generale’s Slovenian entities on a EUR 36 million cross-border syndicated debt refinancing of the Don Don Group. Selih & Partnerji assisted Don Don on the deal.
The multi-jurisdictional transaction in Slovenia, Croatia, and Serbia was divided into two main stages and structured such that the the existing debt will be refinanced by three separate syndicated facilities agreements based on Loan Market Association standards.
The Don Don Group is a regional industrial bakery with eight production plants in Slovenia, Croatia, Serbia, Bosnia and Herzegovina, Montenegro, and Bulgaria.
The ODI team in Slovenia consisted of Partner Suzana Boncina Jamsek and Senior Associate Masa Drkusic. The Croatian team was led by Partner Branko Ilic and the Serbian team included Partners Tamara Curovic and Milos Curovic.
The Selih & Partnerji team was led by Partner Mia Kalas.