Financial and insurance services
Heta Asset Resolution AG | Published July 30, 2016 - Deadline August 22, 2016
HETA has appointed WM Equity Partners Belgrade (‘WM’) as an exclusive financial adviser to assist with the Transaction. Expressions of interest to participate in the Transaction (each an ‘Expression of Interest’) submitted by interested parties (individual entities / persons or consortia) (each an ‘Interested Party’) should at least contain the following: a. Name, address and short description of the Interested Party (or of each consortium member in case of a consortium), including its ultimate beneficial owner, and contact details of the person(s) who can be contacted in case of queries; b. Rationale for the Transaction; c. Confirmation that the Interested Party is acting as principal for its own account or, in case of agents or brokers submitting an Expression of Interest on behalf of an Interested Party, submission of written and adequate proof of the power of representation of such agent or broker. Interested Parties are required to submit their written Expressions of Interest in English, titled ‘Expression of Interest for the Participation in the Transaction regarding the Non-Performing Loans/Claims’, by 22.8.2016 at 12:00 CET, electronically per e-mail to (followed by a hard copy of the Expression of Interest promptly thereafter). Email: firstname.lastname@example.org or WM Equity Partners, Bulevar Mihajla Pupina 10A, 11070 New Belgrade, Republic of Serbia. After receipt and evaluation of the Expressions of Interest, Interested Parties may be invited to take part in the further sales process and receive further information regarding the loans/claims and the Transaction, subject to the execution of a non-disclosure agreement provided by HETA. HETA reserves the right to extend the above stated deadline for the submission of Expressions of Interest, amend the time limits or other terms of the Transaction, discontinue or amend the Transaction as a whole or in part, or modify the Transaction structure or change, reduce or add receivables to the loans/claims at any time, provided that HETA will at all times act in a way consistent with the principles of an open, transparent and non-discriminatory bidding process. For further clarification or enquiries, Interested Parties may contact the contact person, Milan Marinkovic from WM any working day from 9:00 to 17:00 pm at 381 11 414 1608, +381 60 0249736, by e-mail: email@example.com or by mail to the address: Bulevar Mihajla Pupina 10A, II/4, 11070, New Belgrade, Republic of Serbia.