Dentons has advised Komercni Banka and Ceska Sporitelna on a sustainability-linked ESG loan amendment for the 2022 W.A.G. Payment Solutions (Eurowag) multicurrency term and revolving facilities agreement. White & Case advised Eurowag.
According to Dentons, “listed on the London Stock Exchange, Eurowag is a leading pan-European integrated payment and mobility platform focused on the commercial road transportation industry. The original multicurrency term and revolving facilities agreement was signed in September 2022 to refinance and expand the group’s existing credit facilities. The amendment from May 2023 links these facilities to the achievement of Eurowag’s sustainability goals, and their interest rate pricing will be based on the company’s achievement of the agreed set of KPIs.”
Back in 2022, Both Dentons and White & Case had also advised on the original Komercni Banka and Ceska Sporitelna EUR 715 million refinancing agreement with the Eurowag Group (as reported by CEE Legal Matters on October 3, 2022).
Dentons’ team included Prague-based Partner Daniel Hurych and Associates Ondrej Vales and Eva Klimova as well as Warsaw-based Partner Mark Segall and further lawyers in Munich and Madrid.
White & Case's team included Prague-based Partner Tomas Jine and Associate Tadeas Matys.