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A&O Shearman Advises EcoPro Global Hungary on USD 860 Million Financing for Debrecen Factory

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A&O Shearman has advised EcoPro Global Hungary on USD 860 million financing for an EV battery cathode active material manufacturing factory in Debrecen, Hungary.

EcoPro Global Hungary is a wholly-owned subsidiary of EcoPro BM, a cathode producer. According to A&O Shearman, “this transaction represents the first green loan financing undertaken by EcoPro BM.”

The A&O Shearman team in Budapest included Partner Miklos Kadar, Counsel Karoly Foti, Senior Associate Daniel Racz, and Associates Zsofia Varkonyi and Dorka Szilagyi as well as further team members in Seoul.

A&O Shearman did not respond to our inquiry about the matter.

Editor's Note: After this article was published, CMS announced that it advised HSBC and BNP Paribas on the financing side. The firm's team included Partner Eszter Torok and Junior Associate Marton Lazar.

Hungary Knowledge Partner

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

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