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Wardynski & Partners Advises OT Logistics Bondholders on Debt Restructuring of the Group

Wardynski & Partners Advises OT Logistics Bondholders on Debt Restructuring of the Group

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Wardynski & Partners has advised the largest bondholders of series D and F bonds issued by OT Logistics S.A. that are listed on Catalyst regarding the issuance of series H refinancing bonds. Clifford Chance reportedly advised OT Logistics and White & Case reportedly advised the banks on the issuance.

OT Logistics S.A. is a publicly listed port operator, that operates inland waterway transport in Poland and Germany. The issuance of series H secured bonds was the last stage of financial debt restructuring of the group, which also included an extension of the maturity of credit facilities and series G bonds.

The Wardynski & Partners team included Partner Lukasz Szegda, Senior Associates Artur Bednarski and Marcin Pietkiewicz, and Associate Mateusz Tusznio.

Editor's note: Since this article was published, CEELM has learned that Wolf Theiss advised Bank Gospodarstwa Krajowego, the Polish Development Bank, as a lender in this transaction. The firm's team included Partner Przemek Kozdoj, Senior Associates Stefan Feliniak and Michal Kulig, and Associate Magda Werner.