The Warsaw office of Dentons has advised the EBRD, DNB Bank Polska, mBank, Bank Pekao, and PZU on their provision of financing to Potegowo Mashav for the expansion of the Potegowo wind farm.

Konstantin Kroll, Partner and Head of Russian Corporate and M&A Practice at Dentons in Moscow, reports that the Russian economy has experienced a rise in M&A transactions and that the government has taken steps to curb offshoring, regulate convertible loans, and increase the number of international arbitration tribunals in the country.

Dentons has advised the EuroChem Group on a project financing for the construction of an ammonia plant in Kingisepp, Russia, from a bank syndicate consisting of VEB.RF, Sberbank, VTB Bank, Gazprombank, and Otkritie FC Bank. Linklaters Moscow advised the banks.

Dentons has advised Draslovka on the acquisition of the sodium cyanide business from South African petrochemicals company Sasol. Bowmans advised Sasol on the deal.

Dentons has advised the NEPI Rockcastle Group on two loans from the IFC and a bank syndicate led by BRD-Groupe Societe Generale and the Garanti Bank. Allen & Overy London reportedly advised the IFC and CMS Bucharest advised the banks.

Havel & Partners has advised Masonite Czech Republic managers Pavel Satny, Lubomir Brousek, and David Krubner on their acquisition of 100% of shares in the Czech entity from Masonite International. Dentons advised the seller. 

Dentons has advised PKO Bank Polski, ING Bank Slaski, Santander Bank Polska, and BNP Paribas Bank Polska, on their EUR 265 million refinancing of Press Glass / AMG Group’s debt, as well as financing of the group’s further investments. Porobija & Porobija acted as Croatian counsel to the banks. Domanski Zakrzewski Palinka advised the borrower on the deal. TGS Baltic in Lithuania and Williams Mullen in the US reportedly also advised the lenders.

Allen & Overy has advised CEE betting and gaming operator Fortuna Entertainment Group N.V. and its subsidiaries, on an up to EUR 551 million refinancing for the group. RTPR, Ilej & Partners, in cooperation with Karanovic & Partners, Athos Demetriou Associates, and Carey Olsen advised the group in Romania, Croatia, Cyprus, and Jersey, respectively.

Dentons has advised the Black Sea Trade and Development bank on a seven-year USD 40 million corporate loan to Romanian aluminum producer Alro, part of Vimetco Group, for its capital investment program. Zamfirescu Racoti Vasile & Partners and Simmons & Simmons advised Alro.

Karmen Rebesco law firm, working with Allen & Overy, has advised mandated lead arranger Nova Ljubljanska Banka d.d. on the provision of a EUR 148 million syndicated loan to members of the SIJ Group. Dentons and Jadek & Pensa advised the SIJ Group on the deal.

Dentons has advised Prosveshcheniye, a Russian educational integrator, on an equity transaction with Sber, VEB.RF, and RDIF, as a result of which each shareholder will hold a 25% stake in JSC Prosveshcheniye. 

The Moscow and Istanbul offices of Dentons have advised the Black Sea Trade and Development Bank on its provision of a seven-year EUR 75 million loan to the Hayat Kimya Group for the construction of a new hygienic tissue and paper towel factory in Kaluga, Russia.

Dentons has advised Globe Trade Centre S.A. on its EUR 500 million debut issuance of unsecured green bonds with a coupon of 2.25% per annum, maturing on June 23, 2026. Clifford Chance advised the banks involved, including joint bookrunners J.P. Morgan, Morgan Stanley, Erste Group, and Raiffeisen Bank International.

Banking and Finance lawyer Gabor Kiraly has rejoined Dentons as a Partner in the firm’s Budapest office. Kiraly had been a Counsel at Dentons from 2015 to 2020, before serving for a short period as Director of Portfolio Management at GB & Partners in Hungary.

Karanovic & Partners and Dentons have advised the Green for Growth Fund on its EUR 3.5 million equity investment in Thor Impex Skopje, partially funding the construction and operation of a 36-megawatt wind farm near Bogoslovec in North Macedonia.

CMS has advised PJSC Uralkali on its debut USD 1.25 billion sustainability-linked pre-export finance facility arranged by a consortium of banks, with ING Bank acting as lead sustainability coordinator. Dentons reportedly advised the lenders.

Dentons has advised Patrizia Frankfurt Kapitalverwaltungsgesellschaft on the sale of its Le Palais office building in Warsaw to Generali Europe Income Holding subsidiary Loranze. Linklaters advised Generali on the deal. Hogan Lovells advised the seller on tax issues.

Dentons has advised VTB Capital on its USD 75 million acquisition of a minority stake in car-sharing company Delimobil Holding SA. Cleary Gottlieb advised the seller.