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Dentons and White & Case Advise on Eurowag Refinancing

Dentons and White & Case Advise on Eurowag Refinancing

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Dentons has advised Komercni Banka and Ceska Sporitelna on the EUR 715 million refinancing of the Eurowag Group. White & Case advised Eurowag.

According to Dentons, "the multicurrency term and revolving facilities agreement was signed to refinance and expand the group's existing credit facilities by providing facilities of up to EUR 715 million, out of which EUR 150 million is provided as an uncommitted incremental facility."

Eurowag is a London Stock Exchange-listed European integrated payment and mobility platform that focuses on the commercial road transport industry.

"Maintaining capital discipline while pursuing strategic growth opportunities is a key priority for Eurowag," Eurowag CFO Magdalena Bartos commented. "This refinancing gives us the scope and financial flexibility to deliver our growth strategy while retaining a strong balance sheet, and also optimizes our capital structure and liquidity position."

The Dentons team was led by Prague-based Partner Daniel Hurych and Counsel Martin Mandulak and included Associates Ondrej Vales and Eva Klimova, Warsaw-based Partner Mark Segall, Bratislava-based Partner Patricia Gossanyiova, Counsel Miroslav Kapinaj, and Associate Richard Marcincin, as well as lawyers from the firm’s Munich, Madrid, Brussels, and Amsterdam offices.

The White & Case team included Prague-based Partner Tomas Jine and Associates Tadeas Matys and Jakub Kopacek, as well as lawyers from the firm's Madrid, Brussels, and Luxembourg offices.