Clifford Chance has advised a club of banks including ING Bank, Erste Group Bank and its Czech subsidiary Ceska Sporitelna, and Komercni Banka on a EUR 268 million facility agreement supporting a new joint venture partner’s entry and the expansion of Unibail-Rodamco Westfield's Centrum Cerny Most in Prague. Dentons reportedly advised Unibail-Rodamco Westfield.
Centrum Cerny Most is an indoor shopping center.
According to Clifford Chance, the financing underpins Unibail-Rodamco-Westfield’s investment in upgrading and modernizing the shopping center’s offerings.
The Clifford Chance team included Counsel Milan Rakosnik, Senior Associate Tereza Boguska Rehorova, Associate Jan Christelbauer, and Junior Lawyer Simon Pavlas.