Partos & Noblet Hogan Lovells has advised the Vajda Papir Group on its HUF 22 billion syndicated loan arrangement with a Hungarian bank syndicate consisting of OTP Bank, UniCredit Bank Hungary, Eximbank, and the Hungarian Development Bank for project finance and general corporate purposes. The lenders were advised by CMS Budapest.
CMS has advised Kopaszi Gat Kft. on the sale of property in Budapest to the MOL Hungarian Oil and Gas Company, which will use it for the development of its new built-to-suit office building. Weil Gotshal & Manges advised MOL on the acquisition.
CMS has advised Synergie International Employment Solutions SL, one of the largest personnel services providers in Europe, on its acquisition of an 80% stake in the Austrian company Volker GmbH Personalbereitstellung. The transaction remains subject to approval by the competition authorities.
We are now only two days away from the Hungary General Counsel Summit. CEE Legal Matters spoke with Erika Papp, Partner and Head of Banking and International Finance, Hungary with CMS, one of the sponsors of the conference to hear her thoughts on the upcoming event.
CMS has advised Slovakia-based Arca Capital Group on its acquisition of a 61.37% interest in Wiener Privatbank SE from majority shareholders Gunter Kerbler and Johann Kowar, who were reportedly advised by DSC Doralt Seist Csoklich Rechtsanwalte.
CMS, Weil Gotshal & Manges, and Gessel have advised the sellers of Poland's Mila SA supermarket chain to Eurocash SA. Eurocash was advised by Deloitte Legal on the deal.
Clifford Chance Moscow has advised 11 international banks on a USD 850 million pre-export financing for Uralkali, one of the world’s largest potash producers. CMS advised Uralkali on the financing.
CMS has advised NEPI Rockcastle plc on its acquisition of the Arena Plaza shopping center in Budapest by means of a EUR 275 million purchase of all the issued shares in and claims against Symmetry Arena Ingatlankezelo Korlatolt Felelossegu Tarsasag, the owner of the mall, from Lanebridge Investment Management Limited. DLA Piper advised the sellers on the deal.
CMS has advised M.V. Cargo in respect of two parallel loans, totaling USD 74 million, made available to it by the EBRD and the IFC to partly finance M.V. Cargo’s construction of a new modern grain terminal in Ukraine’s Black Sea port of Yuzhni capable of handling up to 5 million tons of grain annually.
CMS has advised Axel Johnson International, a privately owned Swedish industrial group that is part of Axel Johnson, a prominent Nordic trading group, on its acquisition of a majority stake in the IOW Group, which has a presence in Poland, Bulgaria, the Czech Republic, and the Baltic countries. The sellers were reportedly advised by DLA Piper.