News:Argos:Refinancing of the Zagreb-Macelj Motorway PPP project

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Paul Hastings Represents the Croatian Government on a Landmark Motorway PPP Project

Paul, Hastings, Janofsky & Walker LLP, a leading international law firm, announced today that the firm has advised the Republic of Croatia on the refinancing of the Zagreb-Macelj Motorway PPP project. The financing of the deal was provided by Fortis Bank, KfW and Banca Infrastrutture Innovazione e Sviluppo. The lenders were advised by Allen & Overy. The transaction, which closed on June 30, 2008 is valued at approximately €400 million.

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