Slovenian Bank in Privatization

December 7, 2007

Cleary Gottlieb represented Nova Kreditna Banka Maribor d.d. and the Republic of Slovenia in the Slovenia’s €260 million offering of NKBM shares. The offering was the first initial public offering in Slovenia, with participation from retail, domestic and international institutional investors. Citigroup Global Markets Limited, as sole global coordinator and bookrunner and Nomura International and NKBM as co-lead managers, managed the transaction, which closed on December 7.

NKBM, including affiliates, is Slovenia’s second largest financial group. It offers a comprehensive range of retail and corporate banking services, as well as certain complementary financial services, including leasing, mutual and pension fund management and brokerage services and a limited range of non-life and life insurance products.