Wed, Apr
62 New Articles

Gide and Deloitte Legal Advise on Sierra Gorda, KGHM Polska Miedz, Sumitomo Metal Mining, and Sumitomo Corporation's Financing from BGK

Gide and Deloitte Legal Advise on Sierra Gorda, KGHM Polska Miedz, Sumitomo Metal Mining, and Sumitomo Corporation's Financing from BGK

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

Gide has advised Sierra Gorda S.C.M., KGHM Polska Miedz S.A., Sumitomo Metal Mining CO., LTD, and Sumitomo Corporation on a USD 700 million financing from Bank Gospodarstwa Krajowego. Sullivan & Cromwell advised Sumitomo Corporation and Sumitomo Metal Mining as well, while Deloitte Legal advised BGK on the deal.

Sierra Gorda entered into a credit facility agreement with BGK, with KGHM Polska Miedz, Sumitomo Metal Mining, and Sumitomo Corporation providing corporate guarantees.

Sierra Gorda is a mining operation in the Antofagasta region of Chile, producing copper and molybdenum concentrate. KGHM Polska Miedz S.A. is one of the largest companies in Poland, a producer of copper and silver, with six working mines in Canada, Chile, and the United States.

Sumitomo Metal Mining, founded in 1590, is currently the third-largest producer of copper and the largest producer of nickel and gold in Japan. Sumitomo Corporation, founded in 1919, is one of the eight largest companies in Japan.

Gide's team in Warsaw was led by Partner Dariusz Tokarczuk and Associate Mateusz Gronau and included Associates Marta Karminska and Paulina Surma.

Deloitte Legal's team included Warsaw-based Local Partners Nicholas Coddington and Katarzyna Jakubiak and Associate Anna Stawinska, Chile-based Lawyers Ignacio Concha and Oliver Ortiz Quiero, and Japan-based Partner Hirokazu Ina.

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