King & Spalding advised Fortenova Grupa d.d. (“Fortenova”), a leading European retail and food company headquartered in Croatia, on the signing of its new €550 million financing package.
This financing, one of the largest private corporate financings in Croatia arranged by a single banking group, will enable Fortenova to refinance its existing indebtedness, strengthen its capital structure, and provide the flexibility to support the group’s ongoing strategic initiatives and general corporate purposes. Fortenova operates across Croatia, Slovenia, Bosnia and Herzegovina, Serbia, and Montenegro.
The transaction was led by Andro Atlaga and included Amin Doulai, Peter Schwartz, Michael Langan and Valmir Merkaj.
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