Slovakia

About

White & Case has been advising clients doing business in Slovakia for more than two decades. Through our exclusive alliance with Slovak law firm Aldertree legal s.r.o. based in Bratislava and led by former White & Case partner Juraj Fuska, we are able to navigate our clients through their most complex multijurisdictional and local business challenges involving Slovakia or in connection with Slovak law. 

Through our exclusive alliance with Aldertree legal s.r.o., we provide both Slovak and international legal capabilities and can harness the resources of a truly global firm. We assist clients on a broad range of legal matters, including complex corporate and financial transactions with cross-border aspects. We have been involved in some of the largest and most sophisticated transactions in the Slovak Republic related to acquisitions, financing and capital markets.

White & Case is committed to serving its clients' cross-border needs across Central & Eastern Europe and is recognized as a market leader for international legal work in Central & Eastern Europe.

 

AWARDS & RECOGNITION

Band 1: Corporate/M&A and Energy
Band 2: Banking & Finance and Real Estate
Chambers Europe 2022

Band 1: Corporate/M&A
Band 2: Banking & Finance
Chambers Global 2022

Tier 1: Banking & Finance and Capital Markets; Commercial &Corporate and M&A and Real Estate & Construction
The Legal 500 2021

 

CONTACT

 
Juraj Fuska

Juraj Fuska
Managing Partner – Aldertree legal s.r.o., Bratislava
T  +421 905 313 756
E  [email protected]

 

Experience

Wood & Company's €450 million acquisition of AUPARK Bratislava
Advised Wood & Company, a.s., the leading investment bank focused on European Emerging markets, on its acquisition in a joint-venture with Tatra Asset Management, správ. spol., a. s. of a majority stake in AUPARK a.s. from Unibail-Rodamco-Westfield, a leading global developer and operator of premium retail assets. AUPARK a.s. owns the Aupark Bratislava shopping centre, a well-known shopping destination in Bratislava. The €450 million deal is the largest ever real estate acquisition in the Slovak market to date.

Tatra banka's first green bond issuance
Advised BNP Paribas, Landesbank Baden-Württemberg and Raiffeisen Bank International AG as Joint Lead Managers and Banco de Sabadell, S.A. as Co-Manager on the issuance of €300 million Green and MREL Eligible Fixed to Floating rate Notes of Tatra banka, a.s. due 2028, which are admitted to trading on the Bratislava Stock Exchange. This was the first ever green bonds issuance of notes in the Slovak Republic as well as the first publicly syndicated senior ESG MREL bond in CEE.

Slovak Republic's €4 billion bond issuance
Advised Barclays Bank, Citigroup Global Markets Limited, Deutsche Bank AG, HSBC and Intesa Sanpaolo Group member Všeobecná úverová banka, a.s. (in association with Banca IMI), as lead managers, on the Slovak Republic's double tranche issuance of €2 billion 0.250% notes due 2025 and €2 billion 1.000% notes due 2032. With an overall value of €4 billion, this was the largest ever sovereign bond issuance by a Central & Eastern European issuer.

PPF's $2.1 billion acquisition of CME
Advised PPF with its $2.1 billion acquisition of CME, which operates leading TV stations in Bulgaria, the Czech Republic, Romania, Slovakia and Slovenia.

Jaguar Land Rover's €1.5 billion investment in a strategic park
Represented the Ministry of Economy of the Slovak Republic and MH Invest, s.r.o. in the preparation, arrangement, negotiation and implementation of the contemplated €1.5 billion investment of Jaguar Land Rover in a strategic park in Nitra. We have assisted on all aspects of this greenfield investments (encompassing both the Jaguar Land Rover project and the Nitra Strategic Park project, both assigned as strategic investments by law) including state aid, investment agreement, land acquisition, land purchase agreement with the investor, procurement, infrastructure development, permitting and licensing, etc.

€121,800,000 acquisition of the Galéria Mlyny Shopping Center in Slovakia
Advised and represented NEPI Rockcastle, an important retail lessor in Slovakia, in connection with its acquisition of the Galéria Mlyny Shopping Center in Slovakia, which was the largest acquisition on the Slovak market in 2018.

PPP construction of Bratislava D4 highway and R7 expressway
Represented the Slovak Republic's Ministry of Transport, Construction and Regional Development in the procurement and contracting of a public-private partnership (PPP) project to design, construct, operate and maintain sections of the D4 highway and R7 expressway. This transaction was awarded 'PPP Deal of the Year 2016' by Project Finance International.

Development of the National Football Stadium
Represented NFŠ, a.s. and Tehelné, a.s. in connection with the development of the National Football Stadium in Bratislava and its potential subsequent sale to the Slovak Republic. Our work has included assistance with the transaction structuring, preparation of the transaction documentation and negotiation with the Slovak Government on the terms of the sale.

Prima banka Slovensko's €500 million inaugural covered bond issuance
Advised Commerzbank Aktiengesellschaft, DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main and Landesbank Baden-Württemberg, as Joint Lead Managers, on the inaugural issuance of €500 million, 0.01% covered (mortgage) bonds due in 2026 by Prima banka Slovensko, a.s., a Slovakia-based bank. This was the first negative yield-to-maturity bond issuance in the Slovak Republic as well as Central and Eastern Europe.

Smithfield Foods acquisition of the Mecom Group
Advised Smithfield Foods, Inc., one of the world's largest meat producers, on its acquisition of the Mecom Group, a meat processing group based in Slovakia, from Penta Investment Group, a Central European investment group.