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Norton Rose, Clifford Chance, DTB and TGS Advise on Inter Cars Loan Facility

Norton Rose, Clifford Chance, DTB and TGS Advise on Inter Cars Loan Facility

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Norton Rose Fulbright has advised Inter Cars S.A. and its group companies on a PLN 1.1 billion loan facility. Clifford Chance, working with Tark Grunte Sutkiene (TGS), Divjak, Topic & Bahtijarevic (DTB) and Montanios & Montanios, advised Bank Pekao S.A. (agent), mBank S.A. (security agent), and  Bank Handlowy w Warszawie S.A. (Citi Handlowy), ING Bank Slaski S.A., Bank BGZ BNP Paribas S.A., DNB Bank, and Caixa Bank as mandated lead arrangers on the facility.

As part of the limit granted by the banks under the revolving facility, Inter Cars also arranged ancillary facility agreements, providing its group companies with access to a number of banking products such as overdrafts, guarantees, and letters of credit.

Inter Cars, based in Poland, is the largest importer and distributor of automotive spare parts for passenger cars and commercial vehicles in Central and Eastern Europe. The company’s product range includes garage equipment such as tools for servicing, repairs and maintenance of cars, and also motorcycle spare parts and tuning parts.

The Norton Rose Fulbright team was led by Partner Grzegorz Dyczkowski, assisted by Senior Associate Tomasz Rogalski, Associates Konrad Leszko and Maksymilian Jarzabek, and Paralegal Adrian Wieslaw. 

The Clifford Chance Warsaw team of lawyers included Partner Andrzej Stosio, Counsel Milosz Golab and Rafal Zakrzewski, Senior Associate Kacper Bardan, and Associates Pawel Dlugoborski, Joanna Kuc, Mateusz Chmura, and Aleksandra Rudzinska, as well as lawyers from Clifford Chance's Prague office (on Czech and Slovak law) and Bucharest office (on Romanian law). 

The DTB team was led by Senior Associate Martina Kalamiza.

The TGS team included Partner Vilius Bernatonis and Senior Associate Ieva Dosinaite.

Montanios & Montanios cooperated with Clifford Chance on matters of Cypriot law.