Frankfurt/Main – Slovenia’s SID Bank (SID – Slovenska izvozna in razvojna banka, d.d., Ljubljana) has issued an unsecured fixed income bond under German law worth EUR 140 million with a seven-year term.
The bond is guaranteed by the Republic of Slovenia in accordance with the country’s Export and Development Bank Act. It has received an investment grade rating of AA- from international rating agency S&P Global. Deutsche Bank AG acted as principal paying agent for the transaction.
An international CMS team headed by partners Maja Erker Žgajnar (Slovenia) and Philipp Melzer (Germany) advised SID Bank on all legal aspects of structuring, implementing and settlement of the bond issue.
CMS Germany
Philipp Melzer, Lead Partner
Dr Philipp Henneberg, Associate, both Capital Markets
CMS Slowenia
Maja Erker Žgajnar, Lead Partner
Irena Šik Bukovnik, Counsel
Neža Vončina, Associate, all Capital Markets
Ivan Kranjec, Tax
Press Contact
presse@cms-hs.com
