Among other matters, we have recently advised:
- A consortium of banks on refinancing and financing by a company from the services sector, with participation by its subsidiaries in several other countries, and on changes in the consortium and changes in the financing
- A group of companies from the services sector on consortium financing and refinancing of investment activity and day-to-day operations
- A group of companies from the transport sector on international financing by a consortium of Polish and foreign banks
- Lenders in a transaction involving financing of a group of companies from the healthcare industry by a consortium of banks
- A consortium of banks with respect to construction of an office project.
We have advised on the financing of such projects as:
- Construction of new generating units in conventional power plants
- Construction of a factory in a special economic zone
- Seaport infrastructure
- A theme park
- Several wind power plants and a wind farm, for about PLN 500m
- Motorway construction
- Expansion of a steel mill for about EUR 250m
- Expansion of railway infrastructure
- A major infrastructure project partially using the vendor financing model (advising the general contractor).
Among other matters, we have recently advised:
- A bank in a project for financing a network of shopping centres
- An investor in a project for redevelopment of a shopping mall in Warsaw
- A bank in a project for financing construction of an aparthotel
- A bank in a project for financing redevelopment of an office building
- A financial investor in refinancing of a portfolio of shopping centres
- An investor in a project for financing the acquisition of land and buildings and renovation of a luxury hotel in Warsaw
- A Polish bank in financing of an office development
- A client in a project for financing the acquisition of a portion of a shipyard and shipyard infrastructure
- A Polish bank in financing of a residential development project
- A bank in several transactions for restructuring of a portfolio of real estate loans
- A bank in a transaction for financing the acquisition of land from a seller in bankruptcy.
Among other matters, in recent years we have advised:
- A consortium of banks on refinancing and financing of acquisitions in the region and current operations by a company in the services sector
- A bank on financing of the acquisition of a company from the services sector
- A bank on financing by a portfolio company of a private equity fund of acquisitions in the healthcare industry
- A Polish bank in financing the acquisition of an IT company, together with subordination of the borrower’s other debt under a bond issue
- A Polish bank on financing of a management buyout
- A borrower in financing of the acquisition of a Polish company and its Czech, German and Slovakian subsidiaries
- An international group owned by a private equity fund on refinancing of acquisition debt via high-yield bonds
- A security agent in the international refinancing of acquisition debt, combined with restructuring of a package of security instruments in Poland
- A private equity fund and a Polish company from its portfolio on international refinancing of acquisition debt
- A Scandinavian bank in financing the acquisition of a Polish company.
Transactions we have acted in include:
- Co-financing by foreign financial institutions of construction of a ship at a Polish shipyard
- Financing by a consortium of Scandinavian banks of construction of two ships at a Polish shipyard, with establishment of ship mortgages
- Financing of the construction of a ship at a Polish shipyard, with establishment of a ship mortgage (advising a foreign bank)
- Financing of construction of numerous ships by a Polish shipbuilder (advising many different banks)
- Financing of aircraft acquisition
- Acquisition of new rolling stock by a special-purpose municipal company responsible for one type of urban transport (advice on preparation of the financing structure).
Among other matters, we have recently advised:
- A Polish client on issuance of convertible bonds as part of a debt restructuring transaction
- An international financial institution on acquisition of bonds and bank securities issued by a Polish bank
- A Polish issuer on an issue of foreign bonds
- A Polish issuer on an issue of bonds listed on the Catalyst market
- A Polish bank providing acquisition financing on subordination of the borrower’s other bond debt
- A Polish bank providing acquisition finance using convertible bonds and other instruments
Other assignments:
- Preparing bond documentation for co-financing the acquisition of a company
- Advising on refinancing of a leveraged acquisition through an issue of high-yield bonds
- Preparing documentation for a private placement of bonds.
Among other matters, we have recently advised:
- A company from the metallurgy sector as a trade creditor in restructuring of the debt of a key client
- A group of banks on restructuring of the debt of a Polish wholesaler
- Two banks on restructuring of the debt of a real estate client
- A real estate fund on modification of the financing structure of the portfolio of a real estate client in Poland
- A consortium of foreign banks on restructuring of the debt of a Polish borrower from the steel industry in a total amount of over PLN 2bn
- Mezzanine lenders on restructuring of debt for the acquisition of a Polish rail carrier
- A group of borrowers on refinancing and restructuring of existing loans and security on the property of a Polish company from an international capital group
- A consortium of Polish banks on a consolidation loan for restructuring part of the debt of a Polish borrower
- A group of borrowers in restructuring of financing for acquisition of a Polish company by a private equity fund
- A bank on restructuring of its portfolio of real estate loans (ongoing advice)
- A bond trustee on a settlement with the issuer (and other parties to a dispute over the issuer’s assets).
Our experience includes advice:
- On creation and implementation of an international structure for several securitisation transactions
- For a bank in connection with the sale of loans
- For a Polish company joining an international, group-wide factoring programme
- For banks in disputes arising out of claims transactions.
Among other matters, we have represented:
- A bond trustee in judicial, arbitration and bankruptcy proceedings involving a Polish debtor and its other creditors, and in concluding a settlement among the stakeholders (recovering over EUR 600m)
- A lender on secured financing in the agricultural sector, including successful representation of the client before the Supreme Court of Poland in a precedent-setting case on a pledge on livestock
- A Polish bank in a number of civil, bankruptcy and criminal proceedings connected with the bankruptcy of the bank’s debtor and attempts at asset-stripping
- A bank in a dispute concerning an undertaking to release a mortgage and disputed repayment of the loan
- A Polish bank in enforcement proceedings against a Polish debtor and its foreign shareholder, including execution on shares in a limited-liability company
- A debtor in connection with enforcement of a number of loan security instruments by the bank against the assets of the group, including an attempt at satisfaction outside of execution proceedings
- A Polish bank in a case concerning the bailiff’s authority to attach specific claims against the bank by the bank’s clients.