The Prague office of White & Case has helped Ceske Drahy secure a loan of up to CZK 2.6 billion from Raiffeisenbank. Allen & Overy advised the lender on the deal.
Ceske Drahy is the largest Czech railway operator. The company is a successor of the Czechoslovak State Railways and was established in its current form in 2003.
This marks the second deal White & Case advised Ceske Drahy on in recent years, following its assistance with a EUR 500 million Eurobond issuance in 2019 (as reported by CEE Legal Matters on July 10, 2019).
The A&O team consisted of Counsel Petra Mysakova, Associate Pavel Prihoda, and Junior Lawyer David Bujgl.
White & Case’s team included Partner Jan Linda and Associates Radek Kraus, Petr Smerkl, and Klara Kolomaznikova.