Greenberg Traurig has advised CCC Group on the up to PLN 1.8 billion term and revolving facilities provided by a consortium of banks and finance institutions. Clifford Chance and Lakatos, Koves and Partners advised the lenders.
The financing consortium included mBank, EBRD, Bank Pekao, BNP Paribas Bank Polska, PKO Bank Polski, Santander Bank Polska, and Bank Handlowy w Warszawie as well as four factoring entities including Santander Factoring, mFaktoring, PKO Faktoring, and BNP Paribas Faktoring.
According to Clifford Chance, "the funds will be used to refinance the existing bank debt and to finance operating activities, including the further development of CCC and HalfPrice. The financing is partly based on export guarantees granted by KUKE."
The Greenberg Traurig team included Partner Andrzej Wysokinski, Counsel Mateusz Koronkiewicz, and Associates Patrycja Knerek and Wiktor Zien.
The Clifford Chance team included Warsaw-based Partner Milosz Golab, Senior Associate Mateusz Chmura, Of Counsel Grzegorz Namiotkiewicz, Counsel Anna Biala, Associates Anna Miernik, Gabriela Kobak, Joanna Korycinska, Marta Swiderska, Piotr Weclawowicz, and Krzysztof Burda, Prague-based Managing Partner Milos Felgr, Senior Associate Hana Cekalovaa, Associate Tomas Kubala, and Junior Lawyer Radek Sikora, and Bucharest-based Counsels Cosmin Anghel and Radu Ropota and Junior Lawyer Martha Busuiocescu.
The Lakatos, Koves and Partners team included Partner John Fenemore, Associate Agnes Abraham, Attorney at Law Veronika Bakonyi, and Trainee Sara Anna Nagy.
Editor’s Note: After this article was published, Kinstellar informed CEE Legal Matters that it advised CCC on the deal as well. The firm’s team included Romania-based Special Counsel Magdalena Raducanu, Managing Associate Razvan Constantinescu, Associate Alexandra Maria Sofineti, and Junior Associate Horatiu Cretu, Czech Republic-based Counsel Martina Brezinova, Junior Associate Dominik Ctvrtnicek, and Lawyer Tomas Blazek, Hungary-based Partner Levente Hegedus, Associates Dorottya Bito and Veronika Heiszer, and Junior Associate Kinga Farkas, Croatia-based Partner Mihovil Granic and Senior Associate Franciska Fadljevic, and Slovakia-based Counsel Dominika Bajzathova.
