ODI Law has advised Gorenjska Banka and SKB Banka on a EUR 10 million cross-border syndicated project financing and debt refinancing for the Don Don Group. Selih & Partnerji advised Don Don.
The Don Don Group is a regional industrial bakery with plants in Slovenia, Croatia, Serbia, and Montenegro and sales companies also established in Bosnia and Herzegovina, Romania, and Bulgaria.
Gorenjska Banka is AIK Banka’s Slovenian entity. SKB Banka is OTP’s Slovenian entity.
According to ODI Law, “regular challenges in Don Don’s business include the need to follow consumer preferences, apply the latest techniques, and deal with fluctuating wheat prices. The establishment of an automated production line in Subotica is Don Don’s response to the current situation.”
The ODI Law team was led by Slovenia-based Partner Suzana Boncina Jamsek and included Serbia-based Partner Milkica Preradovic.
The Selih & Partnerji team was led by Partner Mia Kalas.