Dentons, working with E+H, has advised a club of senior lenders, led by Tatra Banka as the global coordinator, on financing for Tatry Mountain Resorts consisting of a EUR 180 million senior facility and a EUR 110 million junior facility. Kinstellar advised J&T Banka as the junior lender. A&O Shearman advised Tatry Mountain Resorts.
Tatry Mountain Resorts operates in the field of tourism in Central and Eastern Europe and owns or leases and operates mountain resorts, amusement parks, golf resorts, restaurants, sports services, shops, and hotels.
According to Dentons, "the financing will be used to complete the recapitalization of TMR while also providing financing for sustainable growth. Tatra Banka acted as global coordinator and mandated lead arranger, UniCredit Bank Czech Republic and Slovakia and Slovenska Sporitelna were mandated lead arrangers, PKO Bank Polski and Ceskoslovenska Obchodna Banka joined as arrangers, and Ceska Sporitelna and Raiffeisenbank CR participated as senior lenders. J&T Banka participated as the junior lender."
Earlier this year, A&O Shearman advised Tatry Mountain Resorts on a EUR 120 million offering (as reported by CEE Legal Matters on September 5, 2024).
The Dentons team included Slovakia-based Partner Patricia Gossanyiova, Counsel Miroslav Kapinaj, Senior Associates Katarina Slezakova and Richard Marcincin, Associates Bianca Bohmova and David Stanek, and Junior Associate Nikola Salvova, Czech Republic-based Partner Ondrej Barton and Junior Associate Vanda Zaklaiova, and Poland-based Partner Bartosz Nojek, Senior Associate Mateusz Ciechomski, and Associate Karol Scibor.
The E+H team included Partners Marcus Benes and Laurencz Liedermann and Associates Dilara Mamuk and Willibald Salomon.
The Kinstellar team included Partner Tomas Melisek, Senior Associate Erik Neupaver, and Associates Michaela Strakova and Norbert Stilla.
The A&O Shearman team included Partner Renatus Kollar, Counsel Matus Kudlak, Senior Associates Petra Dzubakova and Jan Deset, and Lawyer Tereza Tvaroskova.
