Norton Rose Fulbright and Rymarz Zdort Advise on Financing for Vectra's Acquisition of Multimedia Polska

Norton Rose Fulbright and Rymarz Zdort Advise on Financing for Vectra's Acquisition of Multimedia Polska

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Norton Rose Fulbright has advised the banks on financing provided to Vectra S.A. for its acquisition of Multimedia Polska S.A. Vectra was advised by Rymarz Zdort, while Multimedia Polska was advised by Allen & Overy. Multimedia Polska's creditors were advised by Greenberg Traurig.

The syndicate included Bank Polska Kasa Opieki S.A., BNP Paribas Bank Polska S.A., EBRD, Powszechny Zaklad Ubezpieczen S.A., PZU Zycie S.A., PZU FIZAN BIS 1, Bank Millenium S.A., DNB Bank Polska S.A., DNB Bank ASA, Santander Bank Polska S.A., ING Bank Slaski S.A., Credit Agricole Bank Polska S.A., and mBank S.A.

According to Norton Rose Fulbright, “the financing was arranged by BNP Paribas and Bank Polska Kasa Opieki and the latter additionally acted as agent and security agent. Vectra is one of the leading cable operators in Poland, providing access to analog and digital cable television, broadband internet and mobile and landline communication services. The acquisition of Grupa Multimedia Polska will make Grupa Vectra the largest cable service provider in Poland with 1.7 million subscribers and 4.4 million households in its reach.”

Norton Rose Fulbright’s Warsaw team included Partner Grzegorz Dyczkowski, Senior Associates Jacek Smardzewski and Marta Kawecka, Associates Oskar Sula, Jan Ptaszynski, and Igor Kondratowicz, and Intern Michal Rutkowski. The firm's team also included London-based Partner James Dunnett and Legal Consultant Ksenia Orlova.

Rymarz Zdort's team included Partners Pawel Zdort, Jacek Zawadzki, Monika Kierepa, Marcin Iwaniszyn, and Iwona Her, Counsels Irmina Trybalska and Jakub Rachwol, Senior Associates Leszek Cyganiewicz and Jerzy Rostworowski, and Associates Aleksander Jakubisiak, Monika Michalowska, Robert Smigielski, and Weronika Szyszka.

Editor's note: After this article was published CEE Legal Matters learned that DLA Piper had advised the shareholders of Multimedia Polska. The firm's team was led by Partner Jakub Domalik-Plakwicz.

Subsequently, Greenberg Traurig informed CEE Legal Matters that its team advising the creditors of Multimedia Polska (including Credit Agricole Bank as the agent and the security agent), included Partner Andrzej Wysokinski and Associate Maja Gawrysiuk.