Powered by the May 2024 merger of Allen & Overy and Shearman & Sterling, A&O Shearman remains a port of call for corporates in such sectors as energy and entertainment and domestic and multinational financial institutions (including The European Bank for Reconstruction and Development, UniCredit and Deutsche Bank) involved in complex, high-value, cross-border structured finance and capital markets transactions. The practice is headed by managing partner Miklós Kádár, who brings expertise to project finance, margin lending and leveraged finance matters; Károly Fóti, a specialist in real estate and solar power projects; Norbert Hete, who handles regulatory compliance matters, in addition to straight debt, covered bond and equity capital market mandates. Other key figures include András Bajzik and Zsuzsanna Gordos, who assists clients with EMTN and GMTN programmes.
Banking, finance and capital markets in Hungary
A&O Shearman
Praxisleiter:
Miklos Kadar; Karoly Foti; Norbert Hete
Weitere Kernanwälte:
András Bajzik; Zsuzsanna Gordos
Referenzen
‘Karoly Foti is a very experienced lawyer with strong analytical skills that support the client to make decisions even in high-pressure situations.’
‘Solid knowledge of both the academics and practice, and also a very collaborative team.’
‘Zsuzsanna Gordos – supportive, contemplative.’
Kernmandanten
The European Bank for Reconstruction and Development
International Finance Corporation
Intesa Sanpaolo Bank
KfW IPEX-Bank GmbH
OTP Bank Plc.
OTP Mortgage Bank Plc.
MVM Energy Ltd.
Joint lead managers
MOL Plc. and MOL Group Finance Plc
MBH Bank Plc.
UniCredit Bank Hungary Zrt.
UniCredit Bulbank AD
Highlight-Mandate
- Advised EBRD, IFC and Intesa Sanpaolo Bank on the financing of an affiliate of Voltalia on the development of a photovoltaic solar power plant near Karavasta, Albania.
- Advised OTP Bank on the update of its EUR 5bn EMTN programme both in 2023 and 2024.
- Advised Deutsche Bank Luxembourg S.A. in relation to the amendment of an English law-governed, originally $100m bilateral revolving credit facility for SK Battery Manufacturing Kft, a Hungarian subsidiary of the Korean SK Group.
Kinstellar Andrékó Ferenczi & Társai Ügyvédi Iroda
The team at Kinstellar Andrékó Ferenczi & Társai Ügyvédi Iroda continues to be a leader, bringing expertise to advising regional and global financial institutions (including BNP Paribas, Raiffeisen Bank, UniCredit, J.P. Morgan and Bank of China), on high-value, cross-border banking and finance transactions, in addition to complex financial regulatory matters and capital market transactions. Bolstered by the transfer to Kinstellar (in April 2024) of the German firm Noerr’s offices in Bratislava, Bucharest and Prague, as part of a non-exclusive arrangement, the team is headed by Levente Hegedüs, an expert in EMTN and covered bond programmes, bond and share issues and IPOs. Other figures of note include Csilla Andrékó, who displays expertise in capital markets; Dalma Ördögh, who handles trade finance, syndicated lending and secured lending; Zsuzsa Andrékó, who brings strength to real estate transactions; and Máté Nagy, who specialises in assisting domestic and international lenders and borrowers with a full range of debt matters.
Praxisleiter:
Levente Hegedűs
Weitere Kernanwälte:
Csilla Andrékó; Dalma Ördögh; Zsuzsa Andrékó; Máté Nagy
Referenzen
‘In depth legal and market knowledge, understanding service.’
Kernmandanten
OTP Bank Nyrt.
Raiffeisen Bank Zrt.
J.P. Morgan
UniCredit Bank Hungary Zrt.
Bank of China
Erste Bank Zrt.
BNP Paribas
CTP
Citigroup
HELEXIA S.A
Highlight-Mandate
- Advised CTP on a €90m secured, multi-borrower facility with Erste Bank Hungary Zrt. and Erste Group Bank AG to finance 4 logistics and industrial assets in Hungary.
- Advised Erste Group Bank AG, Goldman Sachs, ING Bank, J.P. Morgan and Raiffeisen Bank as joint lead managers in connection with the Reg S EUR 1bn note issue by Eximbank.
- Advising Raiffeisen Bank Zrt. in connection with the financing regarding BEM Palace.
CMS
The powerhouse banking and finance practice at CMS remains a market leader, harnessing the bench strength of a global network of 80 offices in 45 countries to advise domestic and multinational financial institutions (UniCredit, Raiffeisen, Bank of China), on wide range of matters across the practice space. They range from complex, high-value acquisition and project financings (including energy and real estate projects) and regulatory compliance to restructurings and insolvencies, portfolio transfers, private equity mandates and capital markets matters. The team is headed by Erika Papp, an expert in capital markets and derivatives, investments, bank transformations and acquisition finance. Other key figures include Eszter Török, a specialist in portfolio transfer transactions; Sándor Kovács, an experienced advisor on regulatory matters; and Árpád Lantos and Dorottya Varga-Giesz. Former Dentons country manager Gábor Király rejoined the practice in September 2024.
Praxisleiter:
Erika Papp
Weitere Kernanwälte:
Eszter Török; Sándor Kovács; Árpád Lantos; Dorottya Varga-Giesz
Referenzen
‘Amazing team, reactivity, professional, goal-oriented.’
‘CMS Hungary provides Hungary and English law legal services and coordinates lawyers of different jurisdictions – this is very useful and practical, especially in transactions where many jurisdictions/applicable laws are involved.’
‘Working with CMS has been a game-changer for our business. They are not only highly responsive but also offer creative solutions that have consistently led to successful outcomes. Their attention to detail is second to none.’
Kernmandanten
Atenor
CIB Bank / Intesa Sanpaolo SpA
Corvinus Zrt.
Erste Bank
K&H Bank Ltd.
MBH
OTP Bank Plc.
UniCredit Bank Hungary Zrt.
EBRD
Raiffeisen Bank Ltd.
Bank of China
Highlight-Mandate
- Advised Corvinus Zrt. (an investment vehicle of the Hungarian Ministry for National Economy), together with French VINCI Airports SAS as minority shareholder, on the acquisition of 100% of the group of companies operating the Budapest Liszt Ferenc International Airport.
- Advised coordinator and facility agent Raiffeisen Banking Group on the EUR 600m nine-banking-group club multicurrency revolving credit facility for the MOL Group.
- Advised lenders on the $860m financing of a cathode material plant in Hungary.
Dentons
Dentons remains a key port of call in the marketplace, pairing the bench strength of its global network (over 160 locations in over 80 countries worldwide) with the expertise of its team to advise local and international banks (including UniCredit, Deutsche Bank), funds, insurance companies and corporates in such sectors as real estate, automobiles, oil and gas, e-commerce and aviation, on high-value, multi-jurisdictional transactions. The group's full offering covers real estate, project and acquisition finance, regulatory compliance, insolvency, derivatives and capital markets. The practice is headed by Edina Schweizer, who arrived in June 2024 from Noerr, and who applies over two decades of experience to transactional and capital markets matters. Another key figure is Gabriella Pataki, who specialises in restructurings and insolvencies.
Praxisleiter:
Edina Schweizer
Weitere Kernanwälte:
Gabriella Pataki; Barbara Herczegfalvi; Ádám Brecko
Kernmandanten
Truist Bank (US)(Citigroup)
UniCredit Bank Hungary Zrt.
Bock Group
Extreme Digital-eMag Kft.
Kommunalkredit Austria AG
Merkantil Bank Zrt.
Indotek
Deutsche Bank AG
Highlight-Mandate
- Advised Truist Bank, acting as agent, on a $300m oil rig financing for the ‘Aquila Rig’ through a bond issuance by Transocean Ltd.
- Advised UniCredit Hungary on the amendment of a development loan to GTC to develop the 29,000 m2 ‘Pillar Office’ building.
- Advised Bock Group as borrower on the amendment of its EUR 45m syndicated loan from a consortium of German banks, led by Bayerische Landesbank and Deutsche Bank as mandated lead arrangers.
DLA Piper Posztl, Nemescsói, Györfi-Tóth and Partners Law Firm
Backed by a network of over 40 locations spanning the Americas, Europe, the Middle East, Africa and the Asia Pacific, DLA Piper Posztl, Nemescsói, Györfi-Tóth and Partners Law Firm remains a market leader, leveraging the bench strength of its team to advise domestic and multinational financial institutions (including UniCredit Group, Raiffeisen, National Bank of Hungary) on a diverse spectrum of banking and capital markets matters, ranging from high-value project finance (in energy and real estate) and restructurings to regulatory compliance, bond issuances and contentious finance matters. The practice is led by head of finance and real estate Gábor Borbély, who specialises in asset and acquisition financing and syndicated loans; seasoned arbitrator András Nemescsói, who handles complex regulatory matters, and who co-heads the capital markets group with Gábor Molnár, who advises on such ECM transactions as IPOs and takeovers. Other key figures include Attila Sári, who manages project financings, debt restructurings and the sales of loan portfolios; Jenő Kimmel, who focuses on international credit institutions; and György Boros, András Orbán and Balázs Szalbot.
Praxisleiter:
Gábor Borbély; András Nemescsói; Gábor Molnár
Weitere Kernanwälte:
Attila Sári; Jenő Kimmel; György Boros; András Orbán; Balázs Szalbot
Referenzen
‘DLA is very attentive to its clients’ needs. Furthermore, it takes a holistic approach to the legal problems at hand, taking into account both the short and long-term effects of its solutions.’
‘Gábor Borbély has in-depth knowledge of all legal aspects of lending, not only under Hungarian law, but also for LMA standard contracts.He is always proactive and creative, and provides forward-looking legal advice.’
Kernmandanten
UniCredit Group
Raiffeisen Group
OTP Group
Hungarian Eximbank
Hungarian Development Bank (MFB)
Erste Group
WING
GLP
MVM
K&H Bank
Trevelin Holding Zrt.
WABERER’S INTERNATIONAL Plc
Highlight-Mandate
- Advised Trevelin Holding Zrt. (unit of Hungarian property developer Indotek) in the sale of 870,000 ordinary shares of series A issued by WABERER`S INTERNATIONAL Plc., an international full truckload (FTL) transportation company.
- Provided complex legal advice to WABERER’S INTERNATIONAL Plc in connection with the relaunch of its Employee Stock Ownership Program (ESOP).
- Advising MBH Bank and its owners in the acquisition of a 76.35% stake in Fundamenta-Lakáskassza Lakás-takarékpénztár Zrt.
Lakatos, Köves and Partners
The banking, finance and capital markets team at Lakatos, Köves and Partners continues to be a force in the marketplace, leveraging the experience of its team to advise major international financial institutions (Deutsche Bank, JP Morgan, Goldman Sachs, Citigroup) involved in complex, high-value multi-jurisdictional transactions and regulatory compliance. The practice is jointly led by transactional expert Szabolcs Mestyan, who brings expertise to acquisition finance, securitisation, derivatives and structured finance and asset management and non-performing loan (NPL) transactions; and John Fenemore, a specialist in real estate finance, margin lending and asset finance. Other key names include Balázs Rokob, who displays strength in regulatory matters; Ágnes Ábrahám, who handles cross-border finance and debt capital markets transactions; Gergely Kántor, who manages mandates involving complex banking operations; and Nóra Kertai. Veronika Bakonyi joined the firm from Gárdos Mosonyi Tomori Law Office in April 2024.
Praxisleiter:
Szabolcs Mestyán; John Fenemore
Weitere Kernanwälte:
Balázs Rokob; Ágnes Ábrahám; Gergely Kántor; Nóra Kertai; Veronika Bakonyi
Referenzen
‘Szabolcs Mestyán: very reliable, very commercial.’
‘LKT is a pre-eminent independent law firm in Hungary, handling multiple high-profile cases and clients. The team has real depth, with strong experts across virtually all legal fields.’
‘Szabolcs Mestyan is super capable, mixing legal advice with a very useful business perspective.’
Kernmandanten
Indotek
Deutsche Bank
JP Morgan
HPS Investment Partners
Oaktree Capital Management
Goldman Sachs
Credit Agricole
Citigroup
PNC Bank
ING
Hungiran Development Bank (MFB)
Hungarian Export-Import Bank (HunExim)
Siegler Bird & Bird Ügyvédi Iroda
The banking, finance and capital markets team at Siegler Bird & Bird Ügyvédi Iroda remains a leader in the practice area, assisting Hungarian and multinational financial institutions and businesses in such areas as TMT and energy with high-value, complex project, structured and syndicated financing, refinancing, regulatory compliance and data protection matters. The group is headed by Csongor Tompa, an expert in project finance and syndicated lending transactions. Other key figures include Konrád Siegler, who draws on over three decades handling major financings and regulatory mandates; Gábor Zoltán Szabó, who manages public offerings, private placements, privatisations and bond programmes; Áron Tóth, a specialist in restructurings and collateral enforcements; and Tamás Simon, who counsels on refinancing and debt restructuring.
Praxisleiter:
Csongor Tompa
Weitere Kernanwälte:
Konrád Siegler; Gábor Zoltán Szabó; Áron Tóth; Tamás Simon
Referenzen
‘The team is strong in understanding and supporting complex matters under time pressure with outstanding value for money.’
‘Konrád Siegler’s professional expertise, deep understanding and human touch differentiates him from most lawyers.’
‘The Bird & Bird team provided exemplary professional advice on a highly complex transaction. We could always depend on their exceptional ability to navigate intricate legal challenges with efficiency. Additionally, the team’s clear communication and collaborative mindset were pivotal in successfully concluding the deal.’
Kernmandanten
Magyar Aerojet
Deutsche Bank
MBH Bank
HYPO NOE Landesbank AG
UniCredit Bank
MOL
Alfa Vienna Insurance
Highlight-Mandate
- Advising on the financing of a solar power plant project in Paks, Hungary.
- Provided legal services to HYPO NOE Landesbank für Niederösterreich und Wien AG in relation to the financing of Bluebonnet Kft.
- Advised ING Bank N.V. in connection with a share purchase agreement and a call option arrangement with MOL (Hungarian Oil Company) regarding MOL shares.
Wolf Theiss Faludi Ügyvédi Iroda
With locations spanning the CEE and SEE regions, the banking and finance team at Wolf Theiss Faludi Ügyvédi Iroda remains a force in the marketplace, advising insurers and domestic and multinational financial institutions (including Raiffeisen Bank International and BNP Paribas) and corporates across such sectors as energy, transport, infrastructure and pharmaceuticals, on matters ranging from project finance, commercial lending and private equity finance to credit-linked notes, securitisation and takeovers. The practice is led by two experienced partners: Melinda Pelikán, who brings expertise to financing construction and infrastructure projects, and Gergely Szalóki, who, in addition to M&A finance and capital markets matters, provides extensive financial regulatory advice. Another name to note is László Lovas, who regularly assists credit institutions, public and private companies and investment fund managers.
Praxisleiter:
Melinda Pelikán; Gergely Szalóki
Weitere Kernanwälte:
László Lovas
Referenzen
‘Gergely Szaloki is an accomplished banking and finance lawyer and our go-to contact for financing transactions with a Hungarian angle. He is easy to work with, pragmatic and knows his stuff.’
Kernmandanten
OTP Bank
Vienna Insurance Group (VIG)
Budapest Airport
Raiffeisen Bank International
BNP Paribas
Highlight-Mandate
- Advising the Lenders in connection with a sales transaction in which VINCI Airports and Corvinus (an investment fund fully owned and managed by the Hungarian State) purchased 100% of the shares of Budapest Liszt Ferenc International Airport from a consortium of sellers composed of AviAlliance, Malton and CDPQ.
- Advising BNP Paribas on the sale of their customer loan operations in Hungary, Bulgaria, Czech Republic and Romania.
- Advising Vienna Insurance Group (VIG) with regard to all legal and regulatory aspects related to the purchase agreement to acquire an additional 35% of Hungarian holding company VIG Magyarország Befektetesi Zrt., from the Hungarian state holding company Corvinus.
Deloitte Legal Göndöcz and Partners Law Firm
The banking, finance and capital markets team at Deloitte Legal Göndöcz and Partners Law Firm channels the experience of its team to advise domestic and multinational financial institutions (Bank of China, National Bank of Hungary) and corporates across the real estate, automotive, healthcare and energy sectors, on high-value, cross-border regulatory projects and financing transactions. The practice's full offering covers restructurings and compliance, AML, capital markets and project and acquisition finance matters. The team is headed by capital markets expert Linda Al Sallami, who brings expertise to greenfield and renewable energy projects and real estate financing. Other key figures include Péter Göndöcz, who advises private equity houses, venture capital and multinationals on investment management; Sára Rideg, who manages complex energy regulatory matters; Anett Csiszár, a specialist in AML; and Zoltán Zagyva, who handles financing and capital markets transactions.
Praxisleiter:
Linda Al Sallami
Weitere Kernanwälte:
Péter Göndöcz; Sára Rideg; Anett Csiszár; Zoltán Zagyva
Referenzen
‘Business driven thinking, effective collaboration.’
‘High professional quality, committed to the success of the client.’
Kernmandanten
Erste Bank Hungary Zrt.
K&H Bank Zrt.
Bank of China (CEE) Zrt.
OTP Bank Nyrt.
CIB Bank Zrt.
MBH Bank Nyrt.
EBRD
Adventum Group
Wellis Magyarország Zrt.
Shopper Park Plus Nyrt.
Euronics
Shoptet
Highlight-Mandate
- Advised Adventum Group, a real estate investor and fund manager active primarily in the CEE region, on the syndicated financing of the acquisition of a real estate portfolio consisting of 18 shopping malls located in Hungary and the Czech Republic.
- Advised CIB Bank on long-term non-recourse project financing provided for the development of photovoltaic power plant projects in Hungary.
Gárdos Mosonyi Tomori Law Office
The banking, finance and capital markets team at Gárdos Mosonyi Tomori Law Office advises domestic and international financial institutions and corporates across such sectors as energy, pharmaceuticals, agriculture and real estate, on complex, multi-jurisdictional transactions. The practice's full offering covers acquisition finance, refinancing, licensing, regulatory compliance, fintech matters, securitisation and finance litigation and arbitration. The practice is jointly led by experienced banking and finance litigator Péter Gárdos; capital markets and securities expert Erika Tomori; Dániel Szabó, a specialist in the licensing of banking and capital market participants; and Beatrix Berkes, who manages matters related to compliance, licensing and the establishment of investment firms. Key support on capital markets files is provided by Zsófia Biró. Veronika Bakonyi departed the firm in April 2024.
Praxisleiter:
Péter Gárdos; Erika Tomori; Dániel Szabó; Beatrix Berkes
Weitere Kernanwälte:
Zsófia Biró
Referenzen
‘The team is not only equipped with decades of experience in serving the financial services sector, but the partners are also high achievers in academic fields, combining practice and theory on the highest level in Hungary.’
‘Erika Tomori and Péter Gárdos are both exceptional in providing high quality legal service.’
‘‘The office provides professional and tailor made services on the capital market segment with a strong business approach.’
Kernmandanten
Raiffeisen Bank
K&H Bank
Magnet Bank
Electron Holding
Gloster
International Capital Markets Association
National Deposit Insurance Fund
Volvo Financial Services
SPB Investment
Diófa Fund Management
HOLD Fund Management
Marketprog Asset Management
Highlight-Mandate
- Advising Gloster in the listing of its shares at the standard category of the Budapest Stock Exchange.
- Advising Electron Holding in its EUR 16m bond issuance.
- Advising Gránit Fund Management in establishing SFDR Article 8 and SFDR Article 9 products.
Hegymegi-Barakonyi and Fehérváry Baker&McKenzie Attorneys-at-Law
Powered by the bench strength of the Baker McKenzie global network (74 offices across 45 countries), the banking, finance and capital markets team at Hegymegi-Barakonyi and Fehérváry Baker&McKenzie Attorneys-at-Law advises domestic and multinational financial institutions on high-value, cross-border acquisition finance and refinancings. In addition, the practice brings expertise to such matters as project finance, cross-border leveraged finance, restructuring and regulatory compliance. The team is headed by József Vági, who manages financing transactions at every stage, from origination and negotiation to documentation and closing. The group is supported by Andrea Weinraub, who handles complex deal structuring and due diligence processes.
Praxisleiter:
József Vági
Weitere Kernanwälte:
Andrea Weinraub
Referenzen
‘The most professional legal team in the market. Our expectations are professionalism, teamwork and work attitude, availability.’
Kernmandanten
MOL Plc
Raiffeisen Bank
Erste Bank
Bank of China
OTP Bank Nyrt.
K&H Bank
Highlight-Mandate
- Advised MOL Group Finance Zrt. as borrower and MOL Plc. as guarantor on a EUR 600m multicurrency (EUR/USD) revolving credit facility agreement.
Kapolyi Law Firm
The banking, finance and capital markets team at Kapolyi Law Firm brings expertise to assisting investment and brokerage firms, pension and investment funds, asset managers, venture capital funds and credit and financial institutions involved in high-value, cross-border financings. Displaying a command of such sectors as IT, automobiles, pharmaceuticals, food and beverages and real estate, the practice's full offering covers matters ranging from the establishment and licensing of clients' banking and payment services, acquisition and takeover finance and the drafting of internal regulations and bylaws to restructurings, due diligence and related tax elements. The department is led by BBalázs Ferenczy, who brings over 30 years' experience, and Viktor Krezinger, who heads up the capital markets team, specialising in private placements, SPOs and IPOs. Other key figures include Ádám Menyhárt, whose practice focuses on assisting investment fund managers and investment service providers, and Zsófia Somlóvári, who is experienced in litigation in insolvency proceedings.
Praxisleiter:
Balázs Ferenczy; Viktor Krezinger
Weitere Kernanwälte:
Ádám Menyhárt; Zsófia Somlóvári
Referenzen
‘Kapolyi Law Firm’s banking, finance, and capital markets team stands out for its comprehensive expertise and ability to manage complex financial transactions efficiently. We have worked with them on a variety of banking, finance and capital markets matters, and their guidance on regulatory compliance, loan structuring, and securities has been invaluable.’
‘We’ve had the opportunity to collaborate with Kapolyi Law Firm’s banking, finance, and capital markets team, whose depth of expertise across these areas has been instrumental in our business. Viktor Krezinger, a partner and head of the capital markets team, has been a key figure in guiding us through complex financial transactions. Balázs Ferenczy, leading the banking, finance, and regulatory team, provides expert guidance on lending, project finance and regulatory compliance. Ádám Menyhárt brings deep knowledge in structured finance and corporate lending, offering solution-oriented advice that has been key in managing our cross-border transactions. Zsófia Somlóvári, with her strong analytical skills, has been pivotal in ensuring our financial strategies are aligned with regulatory requirements.’
Kernmandanten
Indotek-Investment Alapkezelő Zrt.
Financial House Ltd.
Wingholding Zrt. and WING Group
SPB Invest Ltd
Equilor Befektetési Alapkezelő Zrt.
Gladiátor Befektetési Alapkezelő Zrt.
AutoWallis Nyrt. and Autowallis Group
Enerhash Ltd
Foodnet Zrt.
SIGNAL IDUNA Fund Invest Alapkezelő Zrt.
Voxinfo
Highlight-Mandate
- Advising Wingholding, a real estate developer in Hungary, as issuer on the complete procedure of the public issue of corporate bonds to retail and institutional investors with the involvement of a OTP Bank Nyrt, as distributor.
- Advising Amixa Nyrt., a company listed on the Budapest Stock Exchange, on a reverse takeover procedure, where Amixa acquired a Hungarian distributor company of several food brands.
- Advising Financial House Ltd. London in its securing of an Operating License from the Hungarian National Bank (MNB) to operate as an e-Money Issuer (EMI) and Payment Service Provider (PSP) in Hungary.
Partos & Noblet in co-operation with Hogan Lovells International LLP
Displaying expertise across such sectors as energy, retail and real estate, the banking and finance team at Partos & Noblet in co-operation with Hogan Lovells International LLP specialises in advising multinational financial institutions and corporates on acquisition finance, refinancings, secured and unsecured lending, bilateral and syndicated loans, senior and mezzanine loans, subordinated debt and insolvency matters. The practice is led by international banking finance specialist Sándor Békési. Gábor Kószó provides key transactional support, assisting both borrowers and lenders.
Praxisleiter:
Sándor Békési
Weitere Kernanwälte:
Gábor Kószó
Kernmandanten
JR AMC
Magyar Cetelem Zrt. (part of BNP Paribas)
CES Energy Solutions Corp
Hamm Reno Group
Ovivo Inc.
National Bank of Canada
Highlight-Mandate
- Advised JR AMC, a South Korean real estate investment trust, on the prolongation of a real estate acquisition finance loan provided by a Hungarian commercial bank in relation to JR AMC’s acquisition of the Nordic Light office building in Budapest, Hungary.
- Advised Hamm Reno Group in relation to the Hungarian law governed securities provided as part of a global financing agreement.
- Advising Ovivo Inc. as borrower and National Bank of Canada, on the amendment and restatement of an existing international financing on Hungarian law elements and finance document issues.
Schoenherr Hetényi Ügyvédi Iroda
Bolstered by the February 2024 arrival of new practice head Gabor Pazsitka, a specialist in banking and financial services regulatory and capital markets matters, Schoenherr Hetényi Ügyvédi Iroda brings strength to advising domestic and multinational financial institutions on matters ranging from acquisition and project finance, financial regulatory matters and syndicated, club and bilateral lending to receivables financing, refinancing, debt restructuring and non-performing (NPL) loan transactions. In addition, the team assists clients in the fintech and crypto spaces. Bálint Bodó provides key transactional support. Gergely Szalóki departed the firm in April 2024.
Praxisleiter:
Gábor Pázsitka
Weitere Kernanwälte:
Bálint Bodó
Referenzen
‘The team (within the team) that I have had the pleasure working with has been very helpful and available during our several short stints working together.’
‘My main contact has been partner Gabor Pazsitka. Our cooperation has been seamless and we especially value Gabor’s availability and kindness. He communicates in a way that is easy to understand even though we are not familiar with Hungarian law.’
‘Quick reactions, well-prepared employees.’
Kernmandanten
KDB Bank
BlackPeak Capital
Catalyst
Highlight-Mandate
- Advised KDB Bank Europe Ltd. as agent and lender on the latest prolongation and amendment to the syndicated finance agreement entered into with Celltrion, a global biopharmaceutical company.
- Advised BlackPeak Capital and Catalyst Romania Fund II on a EUR 10m Series B funding for Leanpay, a Slovenia-based Buy Now Pay Later (BNPL) and Point-of-Sale (POS) lending platform.
Szecskay Attorneys at Law
The banking and finance and capital markets group at Szecskay Attorneys at Law marshals the expertise of its team to assist insurers and domestic and multinational financial institutions and corporates across such sectors as engineering, manufacturing, e-commerce and software, on a diverse spectrum of matters. The practice's comprehensive service covers advice on syndicated loans, complex restructuring, regulatory compliance, banking and finance litigation and project, real estate, acquisition and corporate finance. The team is headed by multi-jurisdictional finance expert Katalin Szecskay; Judit Budai, a specialist in both banking transactional and regulatory work. Other key figures include János Vajda, who brings strength to banking dispute resolution; Bence Molnár, who is experienced in capital markets transactions; Judit Szórádi, an officer of the Securities Law Committee of the IBA, who draws on an in-house background; and Gergely Benyó, whose practice focuses on regulatory matters and restructuring.
Praxisleiter:
Katalin Szecskay; Judit Budai
Weitere Kernanwälte:
János Vajda; Bence Molnár; Judit Szórádi; Gergely Benyó
Kernmandanten
ABN AMRO
Société Générale
Gránit Bank
Highlight-Mandate
- Provided assistance to a syndicate of banks led by ABN AMRO Bank N.V. on the accession of the Hungarian member of a Belgian group specialising in plasma-derived medicinal products into their EUR 120m facilities agreement.
- Provided ongoing legal advice to Gránit Bank Zrt., a digital banking institution, regarding various specific projects
- Provided expert legal counsel to a French-based multinational financial services company, acting as both agent and lender, in a substantial multimillion-euro financing arrangement for a global real estate development, investment, capital and property management enterprise.
Erdos • Partners
Specialists in real estate and energy transactions, the banking, finance and capital markets team at Erdos • Partners advises domestic and multinational financial institutions and corporates on project finance, green financing and banking regulatory compliance and debt and equity capital markets matters. The team is jointly led by Luca Bokor, who brings expertise to renewable energy financing and refinancing projects, and firm managing partner Gabor Erdős, who brings expertise to capital markets transactions, including IPOs, private placements and tap issuances of regular and green bonds. Key support is provided by Mátyás Környei on regulatory matters. Zita Albert joined the practice in May 2024 from Cerha Hempel.
Praxisleiter:
Luca Bokor; Gábor Erdős
Weitere Kernanwälte:
Mátyás Környei; Zita Albert
Referenzen
‘Erdos Partners’ banking practice is led by three very experienced and well-known lawyers, namely Gabor Erdos, Luca Bokor and Matyas Kornyei. This senior team is working together on our cases, they form a great and strong team that knows our background and needs.
‘Gabor Erdos coordinates the works, and sometimes is working on our matters and knows every aspects of our business. Luca Bokor assists in our financing -related matters. Luca is a well known and very clever lawyer who speaks the language of the banks (our counterparts) which makes our transactions easier. Matyas Kornyei is a talented and very well-prepared capital markets and regulatory lawyer – hard-working and always very precise.’
‘Medium-sized law firm with a good value for money. The team is fast and accurate.’
Kernmandanten
Erste Bank Hungary Zrt.
Cordia International Zrt.
CIB Bank Zrt.
Futureal Group
K&H Bank Zrt.
Greencells Group
HELL Energy Hungary Kft.
MFB Zrt.
Forestay Group
OTP Bank Nyrt.
Highlight-Mandate
- Advised Cordia on a $19m financing provided by CIB Bank for a new residential development project.
- Represented K&H Bank in connection with the financing of four photovoltaic projects of the Photon Group in Hungary.
- Represented CIB Bank in connection with the financing of the development of a residential project, which included the renovation of a villa in Budapest.
Forgó, Damjanovic & Partners Law Firm
The banking and finance group at Forgó, Damjanovic & Partners Law Firm advises a robust client base of global financial institutions on multi-jurisdictional financial transactions and licensing and regulatory matters. The practice is led by Ferenc Lénárt, a specialist in banking and securities law, money laundering prevention and compliance matters. Another key name is managing partner Zoltán Forgó, who brings extensive cross-border deal structuring and capital markets arbitration experience.
Praxisleiter:
Ferenc Lénárt
Weitere Kernanwälte:
Zoltán Forgó
Kernmandanten
Luther Rechtsanwaltsgesellschaft mbH
De Brauw Blackstone Westbroek N.V.
GÖRG Partnerschaft von Rechtsanwälten mbB
Obton A/S
Jalsovszky
Jalsovszky channels the experience of its banking, finance and capital markets team, advising domestic and multinational financial institutions and corporates involved in a wide range of cross-border financings across such sectors as media, transport and food and beverages, displaying particular strength in energy transactions. The practice's full offering covers matters ranging from general banking activities, project and acquisition finance to financial regulatory compliance and refinancings and restructurings. The team is led by Ádám Boross, who brings expertise to green energy projects and syndicated transactions. Other key figures include Zsibrita Boglárka, a specialist in acquisition and project finance, and Roxana Martinas.
Praxisleiter:
Ádám Boross
Weitere Kernanwälte:
Zsibrita Boglárka; Roxana Martinas
Referenzen
‘Jalsovszky Law Firm is a reliable, efficient and experienced partner on some of our legal matters with Hungarian law factors. They are able to provide a well-priced service with the required quality and expertise. Their team is responsive and offered a variety of legal solutions to financing transactions we have cooperated with them on.’
‘We have worked mainly with Adam Boross and he has provided us with necessary Hungarian law support and experience while also being very communicative and understanding of the clients interests.’
Kernmandanten
Raiffeisen Bank
Exact Systems sp. z.o.o.
Highlight-Mandate
- Advised a biggest Hungarian commercial bank in relation to a solar project financing provided to a Hungarian energy conglomerate, which also involved a mezzanine type investment by an investment fund.
KPMG Legal Tóásó Law Firm
KPMG Legal Tóásó Law Firm harnesses the experience of its banking and finance team to advise domestic and multinational financial institutions and corporates across such sectors as food, automotive and retail, on matters ranging from bank market entry, restructurings and complex, cross-border refinancing projects to insolvencies and regulatory compliance matters. The practice is headed by Gergő Szalai-Bordás, a financial regulatory specialist. Key support is provided by Tamás Varga, who brings strength to the restructuring of financial institutions.
Praxisleiter:
Gergő Szalai-Bordás
Weitere Kernanwälte:
Tamás Varga
Kernmandanten
Kometa
China Construction Bank
Ford Group
OTP Bank
Intrum
Bank of China
Vakif Bank
Pepco Group
Trive Bank
HB Reavis Real Estate Development Fund
Highlight-Mandate
- Advised Pepco Group on a EUR 300m senior secured notes issuance.
- Advised Kometa on a debt restructuring.
- Advised a pool of banks with the coordination of bilateral loans provided with a deal value of EUR 25m.
Moore Legal Kovács
The banking and finance and capital markets practice at Moore Legal Kovács brings expertise to advising domestic and multinational financial institutions, on matters ranging from the preparation and negotiation of acquisition finance and investment agreements and multi-jurisdictional credit facility agreements to collateral structure capital market activities and the setup of licensed entities. The team is led by Márton Kovács, a specialist in real estate and M&A-related matters, in addition to capital markets. Key support is provided by Bálint Juhász, who displays strength assisting investment service providers and issuers in private and public security offerings.
Praxisleiter:
Márton Kovács
Weitere Kernanwälte:
Bálint Juhász
Referenzen
‘They have a deep understanding of the industry’s demands, which translates into precise and timely advice. They help clients navigate through complex regulatory and legal environments, while their advices are legally accurate but understandable for non-legal business professionals.’
‘They have a proactive approach, beside help solving raised issues, they anticipate challenges and formulate strategies preemptively, which sets them apart from other legal firms showing only a reactive approach’.
Kernmandanten
Hiventures Plc.
MFB Hungarian Development Bank
Városi Alapkezelő Zrt.
Alpac Capital
Hungarian Export-Import Bank
Focus Ventures Plc.
Nagy és Trócsányi Ügyvédi Iroda
The banking and finance team at Nagy és Trócsányi Ügyvédi Iroda channels the expertise of its team to assist multinational banks on regulatory compliance, credit facilities and collateral agreements, in addition to matters related to M&A and real estate projects. The firm also collaborates with major international law firms on local banking and finance matters. The group is led by György Kiszely, a specialist in such regulatory areas as AML, consumer protection and conduct of business compliance. Other key figures include seasoned banking litigator Balázs Karsai; Zóra Lehoczki, who draws on experience in financial arbitration; and Mónika Vrancsik, whose skill set covers data protection and insolvency.
Praxisleiter:
György Kiszely
Weitere Kernanwälte:
Balázs Karsai; Zóra Lehoczki; Mónika Vrancsik
Kernmandanten
Raiffeisen Bank Hungary
Arendt Regulatory & Consulting SA
Oppenheim Ugyvedi Iroda
Specialists in energy and real estate finance, the team at Oppenheim Ugyvedi Iroda brings strength to advising domestic and multinational financial institutions (including UniCredit, Landesbank Baden-Württemberg and Citibank) and corporates on complex, cross-border transactions. The group’s full offering extends to high-value acquisition financings and financial regulatory mandates related to insurance, payment services and capital market issues. The team is led by Péter Horvai-Hillenbrand, who draws on over 20 years’ experience in handling project, energy and trade financing matters. Also of note is Gergely Szécsényi, who displays expertise in financial regulatory matters.
Praxisleiter:
Peter Horvai-Hillenbrand
Weitere Kernanwälte:
Gergely Szecsenyi
Referenzen
‘Many team members are known for their innovative approach to problem-solving. They bring fresh perspectives and creative solutions to the table, setting them apart from competitors. Peter Horvai-Hillenbrand has been instrumental in developing new strategies and demonstrating a forward-thinking mindset.’
‘Compared to competitors, these individuals often have a unique blend of extensive experience and specialised knowledge. Their ability to leverage this background effectively is a significant differentiator. For instance, Peter Horvai Hillenbrand has a distinguished career with notable successes in energy and M&A, which enhances the firm’s reputation.’
Kernmandanten
CIB Bank ZRT.
Exim Bank
HUSA (MSZKSZ)
UniCredit Bank
Electron Holding ZRT.
CMC Europe
WKW Group
Joyson Safety Systems
ZFP Realitny Fond
Citibank Europe plc
Greenvolt Group
Landesbank Baden-Württemberg
Highlight-Mandate
- Advised Greenvolt Group, an international operator in the renewable energy market, on the financing of the construction of its 50 MW photovoltaic power plant in Hungary with a financing amount of EUR 36m.
- Advised HUSA (Magyar Szénhidrogén Készletező Szövetség) on its refinancing loan tender involving all several Hungarian banks.
- Advised and assisted Electron Holding Zrt. in its investment transaction structured as a Hiventures corporate investment fund providing funds to Electron Holding, facilitating the construction of a portfolio of solar power plants with a total capacity of more than 40 MW.
Szabó Kelemen & Partners Andersen Attorneys
The banking and finance team at Szabó Kelemen & Partners Andersen Attorneys brings strength to advising commercial and stated-owned banks and non-bank financial institutions and corporates across such sectors as energy, real estate, logistics and construction involved in matters ranging from bilateral and syndicated lending, secured loans and assets-based loans to acquisition and project finance, insolvencies and regulatory compliance. The practice is led by capital markets expert Péter Vincze, who draws on over 20 years of experience in the practice area. Other key figures include Zoltán Módos, who provides expertise in project, syndicated and private equity finance; Levente Kálmán, a specialist in real estate matters; seasoned regulatory advisor Tamás Kárpáthegyi; and Erik Landgraf, who utilises banking in-house experience.
Praxisleiter:
Péter Vincze
Weitere Kernanwälte:
Zoltán Módos; Levente Kálmán; Tamás Kárpáthegyi; Erik Landgraf
Referenzen
‘Deep insight into the client’s business. Hands-on approach. Great understanding of local oversight authorities.’
‘Quick turnaround. Fair business judgment.’
‘They are not only highly responsive but also offer creative solutions that have consistently led to successful outcomes. Their attention to detail is second-to-none.’
Kernmandanten
Raiffeisen Bank Zrt.
MBH Bank Nyrt.
MBH Jelzálogbank Nyrt. (formerly Takarék Jelzálogbank Nyrt.)
ONEY Magyarország Zrt., ONEY Bank S.A.
Solar Markt group
Vákuum Invest Kft.
Vámosi-Nagy Ernst & Young Law Office
The experienced banking and finance group at Vámosi-Nagy Ernst & Young Law Office employs a multi-disciplinary approach, advising domestic and multinational financial institutions and corporates across such sectors as tech, hospitality, construction and real estate, on complex domestic and cross-border financings. The practice is headed by Iván Sefer, who brings expertise to project, acquisition and corporate finance, and capital markets matters. Key support is provided by qualified tax advisor Walid Frőlich and Péter Csonga, both of whom boast a robust financial regulatory practice.
Praxisleiter:
Iván Sefer
Weitere Kernanwälte:
Walid Frőlich; Péter Csonga