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Kinstellar Helps Business Lease Group Obtain EUR 242 million Cross-border Loan

Kinstellar Helps Business Lease Group Obtain EUR 242 million Cross-border Loan

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Kinstellar has helped the Business Lease Group B.V. and its CEE subsidiaries obtain a EUR 242 million refinancing loan in the Czech Republic, Hungary, Romania, and Slovakia from a syndicate of ABN Amro Bank N.V., ING Bank N.V., and Cooperatieve Rabobank U.A. Clifford Chance reportedly advised the lenders.

According to Kinstellar, “the refinancing loan, which was granted based on a multi-currency term and revolving facilities agreement, will be used for company operations.”

Business Lease Group B.V., a part of the AutoBinck Group, is a provider of operational leasing, car fleet management, and smart mobility consulting, among other services.

Kinstellar’s team included Prague-based Counsel Martina Brezinova and Junior Associate Igor Sebo; Budapest-based Of Counsel Dalma Ordogh and Junior Associate Veronika Heiszer; Bucharest-based Partner Zsuzsa Csiki, Senior Associate Smaranda Vacaru, and Associate Razvan Constantinescu; and Bratislava-based Managing Associate Tomas Melisek and Associate Dasa Labasova.

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