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Banking & Finance News

Albania’s First Private International Bond Issuance

Our colleagues from CR Partners in cooperation with Karanovic & Partners, advised Banka Kombëtare Tregtare SHA, as issuer, on the EUR 150 million senior unsecured Eurobond offering, marking the first international senior unsecured bond issued by a private corporate issuer in Albania. The team was led by our Partner Anisa Rrumbullaku and Senior Associate Adi Brovina. International counsel to the bank was Latham & Watkins LLP (UK).

The issuance represents a landmark milestone for Albania’s capital markets, establishing a new precedent for private sector access to international debt markets in the country.

Banka Kombëtare Tregtare SHA is a leading commercial bank operating in Albania, providing a broad range of banking services to clients in the Albanian market. Established in its current legal form in January 1993, the bank has been a cornerstone of the Albanian financial sector for over three decades.

Morgan Stanley acted as Sole Bookrunner on the transaction.

 

Partner and Senior Associate refer to independent Attorney at law in cooperation with Karanović & Partners.

The information in this document does not constitute legal advice on any particular matter and is provided for general purposes only.