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White & Case and Allen & Overy Advise on PLN 5.5 Billion Financing for Play

White & Case and Allen & Overy Advise on PLN 5.5 Billion Financing for Play

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White & Case has advised Play network operator P4 sp. z o.o. on PLN 5.5 billion in financing obtained from a consortium of financial institutions including main arrangers, original lenders, and financing guarantors Credit Agricole Corporate and Investment Bank, Raiffeisen Bank International AG, and Santander Bank Polska and Credit Agricole Bank Polska. Allen & Overy reportedly advised the banks on the deal.

The funds will be used to repay the company's current debt and for general corporate purposes.

White & Case’s team included Warsaw-based Partner Grzegorz Abram and Associates Marlena Skowronska and Klaudia Ochenkowska and London-based Partner Martin Forbes.

The Allen & Overy team was led by Partner Tomasz Kawczynski and Senior Associate Anna Pawelec and included Partners Arkadiusz Pedzich and Dan Cocker, Senior Associate Jana Marsalkova, and Legal Intern Jakub Roszyk.