14
Sat, Dec
45 New Articles

Dentons, DLA Piper, Clifford Chance, and White & Case Advise on Trakcja's Debt Restructuring and Share Issuance

Dentons, DLA Piper, Clifford Chance, and White & Case Advise on Trakcja's Debt Restructuring and Share Issuance

Poland
Typography

Dentons has advised Spain's Comsa S.A.U. on debt restructuring and its issue of new shares in Trakcja PRKiI S.A., a Polish infrastructure and energy company listed on the Warsaw Stock Exchange. The program’s value exceeds EUR 230 million and includes bridge and long-term financing provided by banks, insurance companies, and the Industrial Development Agency. DLA Piper advised Trakcja on the deal, White & Case advised the insurance companies, and Clifford Chance advised the Industrial Development Agency. Allen & Overy reportedly advised the banks.

The banks involved included mBank, Credit Agricole Bank Polska, Bank Polska Kasa Opieki, Bank Gospodarstwa Krajowego. The insurance agencies were AXA Ubezpieczenia Towarzystwo Ubezpieczen i Reasekuracji, Credendo-Excess & Surety Societe Anonyme (operating in Poland through Credendo-Excess & Surety Spolka Akcyjna), Generali Towarzystwo Ubezpieczen, Korporacja Ubezpieczen Kredytow Eksportowych, Sopockie Towarzystwo Ubezpieczen Ergo Hestia, Powszechny Zakład Ubezpieczen, and Towarzystwo Ubezpieczen UNIQA.

The Dentons team was led by Partner Jakub Celinski and included Counsels Piotr Nerwinski and Michal Wasiak, and Associate Lukasz Błaszczak.

The DLA Piper team included Co-Managing Partner Krzysztof Kycia, Partners Mariusz Hyla and Jakub Domalik-Plakwicz, Counsel Wojciech Kalinowski, Senior Associate Pawel Turek, Associates Adam Marszalek, Michal Banasiak, and Klaudia Lorent, and Junior Associates Alicja Grzebyk and Julia Rychlinska.

The Clifford Chance team included Partner Milosz Golab, Senior Associates Michal Jadwisiak, Maksymilian Jarzabek, and Wojciech Wator.

The White & Case team included Partner Tomasz Ostrowski and Local Partner Aneta Urban.  

Poland Knowledge Partner

Established in 1957, Wolf Theiss is one of the leading European law firms in Central, Eastern and South-Eastern Europe with a focus on international business law. With 300 lawyers in 13 offices located in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine, Wolf Theiss represents local and international industrial, trade and service companies, as well as banks and insurance companies. Combining law and business, Wolf Theiss develops comprehensive and constructive solutions on the basis of legal, fiscal and business know-how.

All News about, and Legal Analysis by, Wolf Theiss can be found here.

Firm's website: http://www.wolftheiss.com/

 

Our Latest Issue