Dentons has advised UniCredit as coordinator, bookrunner and mandated lead arranger of a €90 million term loan facility for MTEL a.d. Banja Luka. The club of banks providing the facility was comprised of international and domestic banks, including Erste, NLB, Raiffeisen Bank International AG, UniCredit and their local subsidiaries. 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.

Warsaw-based partner Mark Segall led the Dentons team on the deal in collaboration with senior associate Lawrence Florescu. Dimitrijevic & Partners acted as local counsel to the lenders in Bosnia and Herzegovina.