Schoenherr has advised Slovenian creditor financial institutions in the debt restructuring of the Lasko Group, a major regional beverage manufacturer and distributor.
The value of the outstanding loan debt addressed by this debt restructuring is EUR 330 million. The Lasko Group's companies include Pivovarna Lasko d.d. (the largest brewery in Slovenia and a major brewery in the region), Pivovarna Union, and Radenska d.d. Radenci (Slovenia's leading water distributor).
Schoenherr advised the steering committee of the lenders of the Lasko Group. The steering committee consists of Hypo Alpe-Adria-Bank, UniCredit Banka Slovenija, Nova Ljubljanska banka, Nova KBM, and Abanka Vipa.
According to Schoenherr the nature of the debt restructuring was unique in Slovenia because of the complex corporate structure of the Lasko Group, in which some lenders are simultaneously shareholders and in which various groups of lenders are present on different levels.
Schoenherr's lawyers working on the matter included Partners Maja Zgajnar, Alexander Popp, and Associates Branko Cevriz, Daniela Hohenegg, and Manuel Ritt-Huemer.
The Lasko Group was advised by Wolf Theiss.
