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Clifford Chance Advises on Expansion and Financing of Construction for Third Baltic Hub Terminal

Clifford Chance Advises on Expansion and Financing of Construction for Third Baltic Hub Terminal

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Clifford Chance has advised Baltic Hub on the expansion and refinancing of its existing debt and the construction of the third deep-water sea container terminal in Gdansk.

According to Clifford Chance, “Baltic Hub (DCT Gdansk) is one of the fastest growing in the world and the largest container terminal in the Baltic Sea, regularly serving the world's largest container vessels. Financing in the total amount of EUR 863.5 million was granted to companies Baltic Hub and DCT Gdansk,” from a consortium of 11 lenders.

In 2019, Clifford Chance advised Macquarie Infrastructure and Real Assets and Australian pension funds MTAA Superannuation Fund, Statewide Superannuation Fund, and Westscheme Fund on the sale of DCT Gdansk to a consortium of PSA International Ptd Ltd, the Polish Development Fund, and the IFM Global Infrastructure Fund (as reported by CEE Legal Matters on March 21, 2019).

Clifford Chance’s team included Warsaw-based Partners Andrzej Stosio and Daniel Kopania, Counsels Irena Floras-Goode and Piotr Bogdanowicz, Senior Associate Maksymilian Jarzabek, Associates Piotr Weclawowicz, Natalia Karasiewicz, Artur Gladysz, Aleksander Smakosz, and Adrian Krol, and Lawyer Aleksandra Sierac as well as further team members in Germany.

Clifford Chance did not respond to our inquiry on the matter.

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