Tuš Group €400 million debt restructuring

5/2/2016
Financial restructuring

€ 400 million

$ 446.747 million

Completed

5/2/2016


Overview:

  • Slovenian retailer Tuš Group has successfully completed a €400 million debt restructuring.
  • The deal was a court governed restructuring involving nine banks and is the group's third financial restructure in the past five years.

Sam Duke - Editor

Jurisdiction:

Slovenia

Deal type:

Financial restructuring

Practice area:

Banking

Industry sectors:

Consumer goods and services
Food and beverage


Firms:

Party: Gorenjska banka (Lender)

Party: Hypo Alpe-Adria Bank (Lender)

Party: Nova Ljubljanska Banka (NLB) (Lender)

Party: Abanka Vipa (Lender)

Party: Poštna banka Slovenije (Lender)

Party: Nova Kreditna Banka Maribor (NKBM) (Lender)

Party: Slovenska izvozna in razvojna banka (SID) (Lender)

Party: HETA Asset Resolution (Lender)

Party: NLB Leasing (Lender)

Lawyer: Simon Bračun


Party: HETA Asset Resolution (Creditor)

Lawyer: Grega Peljhan