News

ATLANTIC GROUP’S BOND ISSUE

We are very proud to have acted as a Legal counsel on the recent 80.000,000,00 EUR Bond Issue by Atlantic Group with Privredna Banka Zagreb d.d., Zagrebačka Banka d.d., Erste&Steiermärkische Bank d.d., Raiffeisenbank Austria d.d. and OTP Banka d.d. as agents.

Atlantic Group is a leading multinational company headquartered in Zagreb, Croatia, specializing in the production, development, sales and distribution of fast-moving consumer goods. With operations in over 40 countries, the company has a diverse portfolio of well-known brands, including Argeta, Cedevita, Barcaffè and many others.

This marks Atlantic Group’s sixth successful corporate bond placement, with a maturity in 2030. It is also one of the largest corporate bond transactions in the Croatian capital market to date. Since 2003, Atlantic Group has been an active and consistent issuer in the corporate debt securities market, holding the distinction of the longest continuous presence among Croatian corporates.

The proceeds from this issuance will be used to refinance existing bonds, as well as for general corporate purposes such as working capital, loan repayments, equipment investments and other operational needs.

The success of this transaction reflects Atlantic Group’s strong market position, especially in today’s challenging environment. The company has continued to deliver robust revenue and profitability growth, driven by strategic acquisitions, investments in modernization and a sharp focus on its core product categories.

Our dedicated capital markets team provided end-to-end legal support throughout the process, including drafting and preparation of the Prospectus, advising on all regulatory, transactional and listing aspects of the offering.

Congratulations to Atlantic Group and all banks involved (Privredna Banka Zagreb d.d., Zagrebačka Banka d.d., Erste&Steiermärkische Bank d.d., Raiffeisenbank Austria d.d. and OTP Banka d.d.) on the successful completion of another milestone transaction for the Croatian capital market!