Restructuring of Istrabenz dd.

Sector(s)
Consumer / Industrials
Deal type
Restructuring
Date
July 2013
Countries involved
Germany / Slovenia

Client

Istrabenz dd. is one of the largest Slovenian quoted diversified holding companies with tourism, industrial/infrastructure and IT activities

Deal

Financial restructuring and refinancing of over €200m of financial debt

Parties

Lead team

  • Ervin Schellenberg

    Ervin Schellenberg

    Managing Partner Germany

What we did

Capitalmind advised Istrabenz on the financial restructuring and refinancing of over €200m of financial debt. We advised one of the largest Slovenian holding companies with tourism, infrastructure and IT activities on financial restructuring and refinancing of over €200m of financial debt with 19 lenders. As 100% consent from all lenders was required, we were able to structure the debt with different tranches and potential recoveries thereby accommodating all lenders – one of the largest successfully restructured transactions in CEE.

About the deal

Refinancing of over €200m of financial debt with 19 lenders. As 100% consent from all lenders was required, we were able to structure the debt with different tranches and potential recoveries thereby accommodating all lenders – one of the largest successfully restructured transactions in CEE.