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Clifford Chance and Baker McKenzie Advise on Paged Group Refinancing

Clifford Chance and Baker McKenzie Advise on Paged Group Refinancing

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Clifford Chance has advised ING Bank Slaski, Bank Gospodarstwa Krajowego, and Alior Bank on a sustainability-linked corporate refinancing for the Paged Group. Baker McKenzie advised the borrowers.

According to Baker McKenzie, the funding is aimed at refinancing Paged Group’s existing debt and obtaining financing for the group's general corporate purposes in the form of multi-million euro and zloty term and revolving facilities.

The Paged Group is a Polish plywood and bentwood furniture producer. The company also produces plywood in Estonia through its subsidiary Paged Eesti.

The Clifford Chance team was led by Partner Andrzej Stosio and Counsel Kacper Bardan and included Associates Piotr Weclawowicz, Artur Gladysz, Krzysztof Burda, Aleksander Smakosz, and Aleksandra Sierac.

The Baker McKenzie team was led by Partner Marcin Iwaniszyn and included Senior Associate Sebastian Mikina and Lawyers Andrzej Sarnacki, Krystian Kurgan, and Oskar Lipien.

Baker McKenzie at a Glance

Baker McKenzie brings insight and foresight to clients across more than 70 global offices. Our team of 13,000 people, including over 6,500 lawyers, works alongside our clients to drive growth that is both sustainable – and inclusive. The global business community is more interconnected than ever before. Opportunities and risks spill across different markets, sectors and areas of law, so a connected perspective is essential in delivering business objectives while mitigating risk. Our integrated client solutions provide seamless advice, underpinned by deep practice and sector expertise, as well as first-rate local market knowledge.

In the Central and Eastern European (CEE) region, Baker McKenzie's expansion remains steadfast, with a thriving team of over legal professionals. Our footprint extends across six offices in Austria, the Czech Republic, Hungary, Poland, Türkiye, and Ukraine. As part of our global network, coupled with well-established partnerships throughout the entire CEE landscape, we proudly stand as one of the foremost international law firms in this dynamic territory. Our reputation as a premier business law firm in CEE is a testament to our extensive experience in advising on a multitude of prestigious projects and nurturing enduring client relationships.

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