Fri, May
69 New Articles

Clifford Chance and Norton Rose Fulbright Advise on Cargounit's PLN 615 Million Financing

Clifford Chance and Norton Rose Fulbright Advise on Cargounit's PLN 615 Million Financing

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Clifford Chance Warsaw has advised Cargounit, a locomotive leasing business in Central and Eastern Europe, on a financing agreement with a consortium of Polish and international banks consisting of BNP Paribas Bank Polska S.A., PKO Bank Polski S.A., Siemens Bank GmbH, Bank Millennium S.A., ING Bank Slaski S.A., Bank Pekao S.A., and Bank Ochrony Srodowiska S.A. Norton Rose Fulbright advised the banks on the deal.

According to Clifford Chance, the new term and revolving facilities agreement amounting to a total of PLN 615 million (with an additional optional incremental facility of up to PLN 100 million) will be used, among other things, to finance the acquisition of environmentally-friendly electric locomotives and modernize the companies shunters' fleet.

Clifford Chance’s team included Partner Andrzej Stosio, Counsel Irena Floras-Goode, Senior Associate Maksymilian Jarzabek, and Associates Dominika Wroblewska, Piotr Weclawowicz, and Mateusz Ciechomski.

Norton Rose Fulbright's team included Partner Grzegorz Dyczkowski, Counsel Marta Kawecka, Senior Associate Krzysztof Gorzelak, Associate Oskar Sula, and Trainee Lawyer Marcin Slota.

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

Our Latest Issue