PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

600843

Primary Business Area

Cross-Industry Advisory Services

Disclosure Date

Jun 2, 2015

Country

Croatia

Region

Europe

IFC Approval Date

May 5, 2015

Status

Completed

Estimated Total Budget

Pending
(Project budget includes all project-funded activities)

Last Updated Date

Feb 26, 2017

Project Estimated End Date

Oct 31, 2015

Project Description

IFC will assist the Government of the Republic of Croatia to identify the market interest in Croatia Airlines and hold preliminary discussions with interested strategic investors on the transaction structure(s) that will optimize the viability of the privatization of Croatia Airlines and the overall benefits to the Republic of Croatia.

To this end, IFC and its team of consultants will review the existing studies and documents and execute an analysis in order to address relevant issues to allow IFC to communicate them properly to the market.

In conducting the market sounding exercise, IFC will draw on its global presence and strong relationships with many global airlines and tour operators and other strategic investors in order to effectively reach out to the relevant audience and gather important feedback for the structuring of the future transaction.

Development Results

E&S Risks / Impacts and Mitigation