Dentons Advises Banks on €380M Slovakia Real Estate Loan
Dentons, a global law firm, has advised a syndicate of banks led by Tatra banka and including other major banks like PNC Bank and US Bank, on a substantial real estate financing deal in Slovakia. The loan, worth up to €380 million, is one of the largest of its kind in the country. It will be used to refinance the Eurovea 1 and Eurovea 2 real estate projects developed by JTRE, a major Slovak real estate developer and realtor.
Petra Štrbová, a partner at Dentons, led the team advising the banks. She was supported by associates Katárina Sležáková, David Stanek, and David Duda. The team guided the banks through the complex refinancing process.
Peter Panek, another partner at Dentons, headed the due diligence team. He was assisted by associates Alen Gondek and Norbert Vizvári. Their thorough investigation ensured the banks' interests were protected.
The loan will benefit JTRE's Eurovea projects, including Eurovea City, the developer's most significant completed development. This mixed-use urban quarter has transformed a former industrial area in Bratislava into a vibrant, modern space.
The syndicated loan, arranged by Tatra banka and involving other major banks like PNC Bank and US Bank, reflects the confidence in JTRE's Eurovea projects. Dentons' expert guidance throughout the process demonstrates the firm's commitment to supporting significant real estate deals in Slovakia.
