Wed, May
63 New Articles

Clifford Chance and Linklaters Advise on PLN 500 Million Loan to Tauron Polska Energia

Clifford Chance and Linklaters Advise on PLN 500 Million Loan to Tauron Polska Energia

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

Clifford Chance has advised a consortium of banks including Intesa Sanpaolo Oddział w Polsce as lender and paying agent, Banca IMI, London Branch and China Construction Bank Oddzial w Polsce as mandated lead arrangers and bookrunners, and Banca IMI S.p.A. as facility agent on a PLN 500 million syndicated loan to Tauron Polska Energia. Tauron Polska Energia was advised by Linklaters.

According to Clifford Chance, "the interest rate on the loans will be floating and will be calculated based on WIBOR benchmark rate increased by a margin. The margin depends on, among other things, the level of utilization of the credit facility and the level of pro-environmental key performance indicators, i.e., the level of gas emissions and the share of renewable energy sources in the power generation mix of the borrower's group."

The Clifford Chance team consisted of Partner Andrzej Stosio, Senior Associates Anna Miernik and Maksymilian Jarzabek, and Associate Bartosz Zielinski.

Linklaters's team included Partner Jaroslaw Miller, Associate Piotr Hurkala, and Junior Associate Michal de Bialynia Wojcikiewicz.

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 2019, Chambers Europe 2019, and The Legal 500 EMEA 2019.

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

Our Latest Issue