Norton Rose Fulbright has advised a banking syndicate on the PLN 330 million financing for Polish photovoltaic systems manufacturer and equipment distributor Corab with the option of an incremental facility up to a total of PLN 500 million.
According to Norton Rose, the syndicate included PKO Bank Polski, Bank Pekao, and Santander Bank Polska as original lenders, with PKO Bank Polski as arranger, facility agent, and security agent.
"The funds will be used for the purpose of repaying the refinanced debt and to finance [Corab's] ongoing business operations,” the firm announced.
The Norton Rose team included Partner Grzegorz Dyczkowski, Counsel Jacek Smardzewski, Associate Michal Rutkowski, and Paralegal Mateusz Glaz.
