Paul Hastings Advised on Financing for Acquisition of Telecom Tower Portfolio from Telekom Srbija

February 20, 2024

Paul Hastings (Europe) LLP advised the arrangers, global coordinators, bookrunners, lenders, agent, onshore and offshore security agent, and hedge counterparties on the financing for the acquisition by Actis, a global investor in sustainable infrastructure, and certain co-investors, of a newly carved-out tower portfolio from Telekom Srbija, a leading telecommunications operator in the CEE region.

The carve-out includes substantially all of Telekom Srbija’s macro tower portfolio across Serbia, Bosnia & Herzegovina, and Montenegro.

Energy and Infrastructure finance partners Stuart Rowson and Ally McKechnie led the Paul Hastings team, which also included partners Jessamy Gallagher and Jason Brooks, and associates Hattie Jones, Matt Bastion, Donald Campbell, Emily Madden, Alex Kosonog, Adeline Tsui, and Andrew Heiner. Tax advice was provided by partner Michael Ward.

More information about the transaction can be found here.

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