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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.

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