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Dentons Advises Santander Bank Polska and BNP Paribas Bank Polska on Financing Nowel Development

Dentons Advises Santander Bank Polska and BNP Paribas Bank Polska on Financing Nowel Development

Poland
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Dentons has advised Santander Bank Polska and BNP Paribas Bank Polska on granting a PLN 408 million financing to Nowel. Clifford Chance reportedly advised Nowel.

Nowel is a producer of frozen bread and bakery products.

According to Dentons, “the funds are aimed at refinancing the existing debt and financing the further development of the Nowel group, specializing in the production of baking bread. The company delivers its products to the largest retail chains in Poland and Europe. The financing was partially secured by the KUKE guarantee.”

The Dentons team included Partners Tomasz Zwolinski and Michal Wasiak, Counsel Pawel Dlugoborski, Senior Associate Aleksandra Czyz, and Associates Daria Dabrowska, Justyna Machnicka, and Kamil Bator.

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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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