14 Aug 2019 | 09:42 am |
International law firm Pinsent Masons has advised Međunarodna Zračna Luka Zagreb (MZLZ) on the c.€200 million refinance of Croatia's Zagreb Airport.
Pinsent Masons advised the Concessionaire, MZLZ, which is comprised of Bouygues Batîment International, Aéroports de Paris, Marguerite Fund, International Finance Corporation, TAV Airports and Viadukt.
The refinancing follows the successful completion of a new airport terminal at Zagreb Airport by MZLZ under its concession for the design, build, financing, operation and maintenance of Zagreb Airport with the Ministry of the Sea, Transport and Infrastructure of the Government of the Republic of Croatia.
The Pinsent Masons team acting on the transaction was led by Sonal Shah (Partner) working with Apicksha Patel (Partner) and supported by Michael Duffy, Joss Ealey and Nick Middleton.
Sonal Shah said, "We're delighted to have been able to support MZLZ on this particularly complex transaction. Our specialist sector focus meant that we were able to work effectively with all stakeholders to secure the refinancing. Zagreb is Croatia's busiest and largest airport, and this deal allows the airport to advance its expansion plans to meet the continued increase in passenger numbers and movement in aircraft.
This marks another chapter in a long standing relationship with MZLZ and its shareholders. Pinsent Masons advised MZLZ on the original financial close of the Zagreb Airport PPP project.
Apicksha specialises in infrastructure and energy finance in Africa, Europe and the Middle East. She has over 12 years of experience in the transport, renewable energy, healthcare, education and accommodation sectors.
Michael specialises in Energy and Infrastructure finance, advising lenders (bank and non-bank), stakeholders and developers in project and asset finance transactions and acquisitions/divestments in the renewable energy, infrastructure and oil and gas markets.
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