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Baker McKenzie Advises PKN Orlen on EUR 180 Million Financing

Baker McKenzie Advises PKN Orlen on EUR 180 Million Financing

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Baker McKenzie has advised PKN Orlen on a EUR 180 million long-term financing deal with the European Investment Bank. 

According to Baker McKenzie, “the funds may be used to partially finance the Orlen Group's investments that support its sustainable development (new activities in the field of bio-refinery and bio-chemical, including as part of the research and development center).”

Baker McKenzie previously advised PKN Orlen on a revolving credit facility, in August 2020 (as reported by CEE Legal Matters on August 5, 2020).

Baker McKenzie’s team included Partners Tomasz Krzyzowski and Michal Piekarski, Counsel Pawel Dlugoborski, and Lawyers Iwona Ciszynska, Bartosz Labuda, Piotr Ciepiela, and Tomasz Chentosz, with a further team in Luxembourg.

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Baker McKenzie brings insight and foresight to clients across more than 70 global offices. Our team of 13,000 people, including over 6,500 lawyers, works alongside our clients to drive growth that is both sustainable – and inclusive. The global business community is more interconnected than ever before. Opportunities and risks spill across different markets, sectors and areas of law, so a connected perspective is essential in delivering business objectives while mitigating risk. Our integrated client solutions provide seamless advice, underpinned by deep practice and sector expertise, as well as first-rate local market knowledge.

In the Central and Eastern European (CEE) region, Baker McKenzie's expansion remains steadfast, with a thriving team of over legal professionals. Our footprint extends across six offices in Austria, the Czech Republic, Hungary, Poland, Türkiye, and Ukraine. As part of our global network, coupled with well-established partnerships throughout the entire CEE landscape, we proudly stand as one of the foremost international law firms in this dynamic territory. Our reputation as a premier business law firm in CEE is a testament to our extensive experience in advising on a multitude of prestigious projects and nurturing enduring client relationships.

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