Kochanski Zieba & Partners and Ropes & Gray International have advised the US investment firm Davidson Kempner Capital Management on the GBP 180 million financing granted to Pepkor Europe of the Steinhoff Group. Pepkor Europe was represented by DWF and Stolarek & Grabalski.
As a result of the deal, Pepkor Europe would no longer be dependent on working capital from the Steinhoff Group. Pepco, with its head office in Poznan, Poland, is the owner of, among others, the Poundland, Dealz, Pep&Co, and Pepco brands.
KZP’s team was led by Partner Szymon Galkowski and included Senior Associate Agnieszka Serzysko.
Stolarek & Grabalski did not reply to an inquiry about the deal.