Dentons has advised the Dr. Max Group on its EUR 940 million loan for the refinancing of its bank debt and further growth. UniCredit Bank Czech Republic and Slovakia and Komercni Banka led the 14-bank strong consortium. White & Case advised the banks.
The Dr. Max Group is a Prague-headquartered pharmacy chain operating in Central and Eastern Europe. The company has over 2,200 pharmacies in six countries, including the Czech Republic, Slovakia, Poland, Romania, Serbia, and Italy.
“With this refinancing, reflecting the realized growth and future growth potential, Dr. Max has collected the financial means to further develop and continue the successful rollout of Dr. Max’s omnichannel customer value proposition which is pretty much appreciated by our patients and customers every day,” commented Dr. Max CFO Thomas Bornemann.
Dentons’ team was led by Slovakia-based Partner Patricia Gossanyiova and included Romania-based Partner Simona Marin, Counsel Oana Ionascu, Lawyer Lawrence Florescu, and Associate Isabela Gheorghe.
White & Case's team included Partner Tomas Jine and Associates Radek Kraus and Vinh Ngo The.