Allen & Overy advises the lender group to Bina Istra d.d. (Bina Istra) on the EUR1.1 billion debt financing for the Istrian Epsilon project in Croatia
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Allen & Overy (A&O) has advised a syndicate of ten banks to Bina-Istra d.d (Bin-Istra) on the EUR1.1 bn refinancing of the Istrian Epsilon project and the debt financing of the construction, management and maintenance of the new Phases 2B2-2 and 2B2-3 of the “Adriatic highway” in Croatia.
Jocelyn Land, partner at Allen & Overy, commented: “this is a vital project, which is essential for the economic development of Istria and the whole of Croatia and the team at A&O were pleased to support our client Bina-Istra in connection with the debt financing.”
The deal was led by partner Jocelyn Land, with support from senior associate Josh Htet, associate Enzo Beule and trainees Roman Aleksandravicius, Lucy King and Emma Jing.