Dentons, working with Griffiths & Partners and Massiah Law, has advised Bank Gospodarstwa Krajowego on a long-term investment loan of up to USD 60 million granted to the Molo Group, owned by the Slominski family. JedwabnyLegal, Isolas and Miller, Simons and O’Sullivan reportedly advised the Molo Group.
According to Dentons, the financing will support the development of a hotel complex on Providenciales, the main island of the Turks and Caicos archipelago in the Caribbean. The complex, comprising 251 rooms and suites, includes two modular hotels – the 4-star boutique Indigo hotel (scheduled for completion by the end of 2025) and the 5-star Kimpton hotel (scheduled for completion in the first half of 2027). The buildings will be constructed using equipment and modules manufactured in Poland.
The Dentons team included Partners Tomasz Zwolinski and Babette Maerzheuser-Wood, Counsels Jakub Zienkiewicz and Agnieszka Nagorska-Kordeczka, and Associate Kamil Bator.
