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ODI Advises REDI Development on EUR 1 Million Loan to Horizonti Skopje

ODI Advises REDI Development on EUR 1 Million Loan to Horizonti Skopje

North Macedonia
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ODI Law has advised REDI Development on a EUR 1 million term loan to microcredit foundation Horizonti Skopje. Dentons Luxembourg reportedly advised REDI as well.

REDI Development, incorporated in Luxembourg, is an investment vehicle with a specific focus on Roma entrepreneurs in Romania, Bulgaria, North Macedonia, and Serbia. According to ODI, “REDI Development has an investment capacity of EUR 5 million and the ability to provide loans and risk-sharing to financial intermediaries, as well as know-how related to the Roma culture.”

Horizonti is a specialist microfinance provider in North Macedonia, founded in 2000.

ODI’s team was led by Partner Gjorgji Georgievski and included Associate Ema Tasevska.

ODI could not provide additional information on the matter.

Dentons at a Glance

Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.

Dentons is one of the leading law firms in CEE/CIS, with offices in Warsaw, Prague, Budapest, Moscow, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

Firm's website.