January 3, 2023

Milbank Advises Globalworth on Its Revolving Credit Facility with Erste Group

Share

Milbank LLP has advised Globalworth Real Estate Investments Limited (“Globalworth”) and its subsidiary Globalworth Holdings Cyprus Limited on their three-year term revolving credit facility with Erste Group.

Globalworth is an AIM-listed company active in Central and Eastern Europe (“CEE”). It has become the preeminent office investor in the CEE real estate market through its market-leading positions both in Poland and Romania. Globalworth acquires, develops and directly manages high-quality office and industrial real estate assets in prime locations, generating rental income from high quality tenants from around the globe.

The Milbank team was led by European Leveraged Finance/Capital Markets partner Ana Grbec, with associates Peetra Anderson-Figueroa, Simeon-Henri de Vries and Bisade Asolo.