Tue, Jan
90 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

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

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

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

Our Latest Issue