Dentons has advised CPI Property Group on the EUR 2.5 billion bridge loan facility to finance its takeover offer for all outstanding shares and convertible bonds of Immofinanz AG. Linklaters reportedly advised the banks involved in the deal.
Lenders in the bridge loan facility include Banco Santander, Credit Suisse, Erste Group Bank, Goldman Sachs Bank, HSBC, Raiffeisen Bank International, Societe Generale / Komercni Banka, and UniCredit Bank.
According to Dentons, “CPIPG announced its intention to launch an anticipatory mandatory takeover offer on December 3, 2021. Shareholders are to be offered EUR 21.20 in cash per Immofinanz share on a cum dividend basis.”
Dentons’ team included Prague-based Partner Jiri Tomola, Senior Associate Martin Mandulak, and Associate Ondrej Vales; Warsaw-based Partner Mark Segall; and further teams in Luxembourg and Munich.
