Zieba & Partners has advised Skanska Residential Development Poland on the acquisition of two real estate properties for a combined amount of PLN 70 million.
Dentons Warsaw has advised Kajima Student Housing Limited on the EUR 60 million acquisition of a majority stake in Student Depo, the operator of a chain of student dormitories in Poland, from Oaktree Capital Management. Weil, Gotshal & Manges advised the seller on the deal, which left former JV partner Griffin Real Estate Partners retaining its 10% share in the chain.
Dentons Warsaw has advised Bank Pekao S.A., BNP Paribas Bank Polska S.A., and Banco de Sabadell S.A on revolving credit facilities worth a total of PLN 500 million granted to the CIECH S.A. chemical company and guaranteed by CIECH's five subsidiaries. Weil Gotshal & Manges advised CIECH on the deal.
Clifford Chance has advised Commerzbank on the April 5th issuance by mBank of CHF 125,000,000.00 unsecured bonds under the EMTN Program of fixed rate of 1,0183% p.a. payable annually, and a maturity date of October 4, 2024, with a par value of one bond: CHF 200,000. The bonds are governed by English law and will be listed on SIX Swiss Exchange Ltd. Gide reportedly advised mBank.
Maruta Wachta has advised Orange Poland on its acquisition of a 100% stake in BlueSoft from Tokajami and Wellchosen Investments. The purchase price is PLN 200 million (PLN 149 million will be paid upon closing, with the remaining part conditional upon BlueSoft achieving certain financial targets in 2019 and 2020). Tokajami and Wellchosen Investments received legal advice from Whitestone Legal.