Clifford Chance has advised INEA, an open-access fiber-optic network operator in Poland, on additional financing of over PLN 400 million procured from a consortium of Bank Pekao S.A., Credit Agricole Bank Polska S.A., Credit Agricole Corporate and Investment Bank, EBRD, ING Bank Slaski S.A., PKO BP S.A., BNP Paribas Bank Polska S.A., and PZU Fizan BIS 1. White & Case advised the lenders on the deal.
According to Clifford Chance, “the newly obtained funds will be used for continued development and for strategic investment projects, including the construction of an open fiber-optic network under the Operational Programme Digital Poland.”
Clifford Chance’s team included Partner Andrzej Stosio, Senior Associates Kacper Bardan and Mateusz Chrusciak, and Associates Artur Gladysz, Wojciech Wator, Natalia Karasiewicz, and Mateusz Ciechomski.
White & Case's team included Warsaw-based Local Partner Nicholas Coddington and Counsel Katarzyna Jakubiak.