{"id":45334,"date":"2024-11-06T08:30:16","date_gmt":"2024-11-06T08:30:16","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&p=45334"},"modified":"2024-11-06T08:30:44","modified_gmt":"2024-11-06T08:30:44","slug":"gecic-law-and-clifford-chance-steer-telekom-srbijas-historic-900-million-bond-issuance-a-first-for-the-western-balkans","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/gecic-law-and-clifford-chance-steer-telekom-srbijas-historic-900-million-bond-issuance-a-first-for-the-western-balkans\/","title":{"rendered":"Geci\u0107 Law and Clifford Chance Steer Telekom Srbija\u2019s Historic $900 Million Bond Issuance \u2013 A First for the Western Balkans"},"content":{"rendered":"

Geci\u0107 Law, in collaboration with\u00a0Clifford Chance<\/a>, is honored to announce its role as local lead legal advisor to\u00a0Telekom Srbija<\/a>\u00a0in the landmark issuance of its $900 million Eurobond.\u00a0<\/strong>This historic transaction not only marks the Western Balkans\u2019 first-ever corporate bond issuance in international markets but also represents one of the largest inaugural high-yield bond offerings in the TMT sector in Central and Eastern Europe, the Middle East, and Africa since 2014.\u00a0 Additionally, it stands out as the largest single-tranche inaugural issuance from any corporate entity in Central and Eastern Europe since 2011.<\/span><\/p>\n

Listed on the Dublin Euronext Exchange, Telekom Srbija\u2019s bond offering was met with overwhelming global investor interest, signaling deep trust in the company\u2019s innovative corporate strategy.\u00a0 This groundbreaking deal empowers Telekom Srbija to reinforce its investment capabilities and expand its infrastructure, demonstrating the solid confidence prominent international investors place in the Group\u2019s visionary growth under its dynamic leadership.<\/p>\n

As Telekom Srbija\u2019s local legal advisor, Geci\u0107 Law\u2019s\u00a0Banking & Finance<\/a>,\u00a0Corporate<\/a>, and\u00a0Regulatory<\/a>\u00a0teams provided robust support across all aspects of this sophisticated issuance.\u00a0 Our legal experts ensured seamless cross-border compliance, navigated multi-jurisdictional regulatory requirements, and coordinated extensively with global financial institutions, including BNP Paribas, Bank of America, Deutsche Bank, Erste Group, Raiffeisen Bank, UniCredit, and MUFG, to support Telekom Srbija\u2019s entry into the international capital markets.\u00a0 Our team was also instrumental in helping Telekom Srbija achieve its first-ever credit ratings from\u00a0Standard & Poor\u2019s<\/a>\u00a0and\u00a0Fitch<\/a>, paving the way for increased corporate governance and transparency aligned with global standards.<\/p>\n

Bogdan Geci\u0107<\/a>, Founding Partner at Geci\u0107 Law, remarked: \u201cWe are privileged to support Telekom Srbija in reaching this unprecedented milestone.\u00a0 The Group\u2019s journey has been transformative, illustrating its evolution into a formidable corporate player on the international stage.\u00a0 This landmark issuance is not only a testament to Telekom Srbija\u2019s progressive strategy but also a significant step forward for the entire region.\u00a0 We are proud to have contributed to a project of such groundbreaking scope and vision, helping set new standards for companies across the Balkans seeking to explore global capital markets.<\/em>\u201d<\/p>\n

Milo\u0161 Petakovi\u0107<\/a>, Counsel at Geci\u0107 Law and lead on this transaction, added: \u201cThis project represents a historic achievement not just for Telekom Srbija but for the region\u2019s corporate landscape as a whole.\u00a0 Spearheading such a pioneering effort required extraordinary collaboration, involving hundreds of stakeholders across the Group\u2019s departments, advisors, and international partners.\u00a0 We are immensely grateful to Telekom Srbija\u2019s dedicated finance, treasury, regulatory, corporate, and technology teams, whose commitment and expertise were essential to achieving this complex objective.<\/em>\u201d<\/p>\n

The Geci\u0107 Law team, including partners\u00a0Bogdan Geci\u0107<\/a>,\u00a0Ognjen Coli\u0107<\/a>, and\u00a0Miodrag Jevti\u0107<\/a>; counsels\u00a0Milo\u0161 Petakovi\u0107<\/a>\u00a0and\u00a0Nemanja Sladakovi\u0107<\/a>; senior associates\u00a0Vuk Lekovi\u0107<\/a>\u00a0and\u00a0\u017darko Popovi\u0107<\/a>, and associates\u00a0Vasilije Bo\u0161kovi\u0107<\/a>,\u00a0Nikola Ivkovi\u0107<\/a>\u00a0and\u00a0Marko Jovi\u0107<\/a>, worked tirelessly to ensure the success of this issuance.\u00a0 Their legal precision and unwavering dedication were pivotal in navigating the multifaceted challenges of the transaction, reinforcing Geci\u0107 Law\u2019s commitment to supporting the region\u2019s most ambitious projects.<\/p>\n

As Telekom Srbija continues its transformative growth, Geci\u0107 Law remains proud to be part of a project that not only reflects the Group\u2019s commitment to corporate governance and innovation but also sets a powerful example for companies across Southeast Europe.\u00a0 This landmark deal underscores our shared dedication to fostering economic growth, global partnerships, and long-term value creation for our clients and their stakeholders.<\/p>\n

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