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Dentons and Dimitrijevic & Partners Advise on Financing for Mtel in Bosnia and Herzegovina

Dentons and Dimitrijevic & Partners Advise on Financing for Mtel in Bosnia and Herzegovina

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Dentons and Dimitrijevic & Partners have advised coordinator, bookrunner, and mandated lead arranger UniCredit on a EUR 90 million term loan facility for Mtel Banja Luka. Solo practitioner Loren Richards reportedly advised the borrower.

The club of banks providing the facility comprised international and domestic banks, including Erste, NLB, Raiffeisen Bank International, UniCredit, and their local subsidiaries, Dentons informed. "This transaction represents the first time a loan to a corporate borrower in Bosnia and Herzegovina has combined both international and domestic liquidity via a dual currency euro/convertible mark structure to comply with local regulations."

Mtel is a telecom operator based in Banja Luka, Republika Srpska, Bosnia and Herzegovina providing fixed and mobile telecommunications and internet. It is a subsidiary of Serbia's state-owned Telekom Srbija.

The Dentons team was led by Warsaw-based Partner Mark Segall and included Bucharest-based Senior Associate Lawrence Florescu.

The Dimitrijevic & Partners team included Partner Nina Vjestica and Senior Associate Djordje Dimitrijevic.

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