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Clifford Chance and E+H Advise on Gemini Polska Financing

Clifford Chance and E+H Advise on Gemini Polska Financing

Poland
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Clifford Chance has advised lenders Santander Bank Polska, Alior Bank, Bank Millennium, Bank Polska Kasa Opieki, and the EBRD on their financing for Gemini Polska. E+H advised Santander Bank Polska. CMS reportedly advised Gemini Polska. 

"The financing included an [export credit agency]-backed facility with the purpose of financing, among other things, the development of an automatic warehouse," Clifford Chance informed. "The financing was provided by Santander Bank Polska, where OeKB acted as an ECA cover provider and Banco Santander acted as ECA Agent. The revolving financing was granted in the form of a revolving loan from the commercial banks and reverse factoring provided by Santander Factoring, Pekao Faktoring, and Bank Millennium."

Gemini Polska is a pharmaceutical retailer in Poland operating around 250 pharmacies and a pharmacy e-commerce platform in the country.

The Clifford Chance team included Partners Andrzej Stosio and Grzegorz Namiotkiewicz, Counsels Mateusz Chrusciak and Anna Biala, Senior Associate Wojciech Wator, Junior Associates Aleksandra Bialyszewska and Maria Halasa, and Trainees Joanna Korycinska and Mateusz Leleno, as well as lawyers from the firm’s German offices.

The E+H team was led by Partner Laurenz Liedermann and included Partners Marcus Benes and Ulrike Sehrschoen and Associates Jakob Haider and Niklas Nigl.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.