Banking & Finance Update

GGF Provided its First Local Currency Loan in Serbia

We are pleased to announce that Karanovic & Partners supported the Green for Growth Fund, Southeast Europe (GGF) with the provision of its first local currency loan in Serbia, as part of its efforts to provide finance for energy efficiency and renewable energy investments in the Southeast Europe Region.

In December 2021, GGF closed a deal with UniCredit Bank Serbia JSC for extending a loan facility in the amount of RSD 1.7 billion. Our work included the provision of legal advice to GGF in connection to the transaction.

Karanovic & Partners team was led by Partner Katarina Gudurić and Associate Dimitrije Ilić.


* Partner / Associate refers to Independent Attorney at Law in cooperation with Karanovic & Partners.

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