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Dentons, Porobija & Porobija, and DZP Advise on EUR 265 Million Refinancing of Press Glass / AMG Group

Dentons, Porobija & Porobija, and DZP Advise on EUR 265 Million Refinancing of Press Glass / AMG Group

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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.

According to Dentons, the transaction encompassed companies operating in six jurisdictions: Poland, Croatia, Luxembourg, the US, United Kingdom, and Lithuania.

Press Glass is a producer of processed glass used in residential buildings as well as for glass facades and interior glass constructions in commercial real estate properties.

The Dentons team consisted of Warsaw-based Partners Bartosz Nojek and Mark Segall, Senior Associate Marcin Gruszka, and Associate Magda Kulesza, Bucharest-based Senior Associate Lawrence Florescu, and Luxembourg-based Partner Stephane Hadet, Senior Associate Christophe Renaudin, and Associate Yifan Zhang.

Porobija & Porobija’s team was led by Partner Zeljka Rostas Blazekovic.

DZP’s team included Partner Magdalena Skowronska, Senior Associate Anna Kuczewska, and Associate Katarzyna Biarda.

Editor's note: After this article was published, CEE Legal Matters received confirmation that TGS Baltic acted as Lithuanian counsel to the banks. The firm's team included Partner Zygimantas Stankevicius and Associate Partner Sandra Bliuvaite-Sulciene.

Dentons at a Glance

Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.

Dentons is one of the leading law firms in CEE/CIS, with offices in Warsaw, Prague, Budapest, Moscow, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

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