ODI and Šelih & partnerji Advise on Don Don Debt Refinancing
The Don Don Group, a lead regional industrial bakery with eleven production plants in Slovenia, Croatia and Serbia, and selling also to the markets of Bosnia and Herzegovina, Montenegro, Bulgaria and Albania, has undergone a €36 million cross-border syndicated debt refinancing.
The multi-jurisdictional transaction in Slovenia, Croatia and Serbia was divided into two main stages and structured as refinancing of an existing syndicated debt by three separate syndicated facilities agreements based on Loan Market Association standards.
Šelih & partnerji assisted Don Don as the borrower as well as one of its shareholders - KJK Fund II. ODI represented AIK Banka and Societe Generale's Slovenian entities on the lending side.
Mia Kalaš, Partner and Head of the firm’s Banking & Finance practice, led the transaction within Šelih & partnerji Law Firm, with the assistance of Senior Associate Nika Bosnič.
The ODI team included Partner Suzana Boncina Jamsek and Senior Associate Masa Drkusic in Slovenia, Partner Branko Ilic in Croatia and Partners Tamara Curovic and Milos Curovic in Serbia.