08
Tue, Oct
102 New Articles

Greenberg Traurig, Clifford Chance, and Lakatos, Koves, and Partners Advise on CCC Group's up to PLN 1.8 Billion Financing

Deals and Cases
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Greenberg Traurig has advised CCC Group on the up to PLN 1.8 billion term and revolving facilities provided by a consortium of banks and finance institutions. Clifford Chance and Lakatos, Koves and Partners advised the lenders.

The financing consortium included mBank, EBRD, Bank Pekao, BNP Paribas Bank Polska, PKO Bank Polski, Santander Bank Polska, and Bank Handlowy w Warszawie as well as four factoring entities including Santander Factoring, mFaktoring, PKO Faktoring, and BNP Paribas Faktoring.

According to Clifford Chance, "the funds will be used to refinance the existing bank debt and to finance operating activities, including the further development of CCC and HalfPrice. The financing is partly based on export guarantees granted by KUKE."

The Greenberg Traurig team included Partner Andrzej Wysokinski, Counsel Mateusz Koronkiewicz, and Associates Patrycja Knerek and Wiktor Zien.

The Clifford Chance team included Warsaw-based Partner Milosz Golab, Senior Associate Mateusz Chmura, Of Counsel Grzegorz Namiotkiewicz, Counsel Anna Biala, Associates Anna Miernik, Gabriela Kobak, Joanna Korycinska, Marta Swiderska, Piotr Weclawowicz, and Krzysztof Burda, Prague-based Managing Partner Milos Felgr, Senior Associate Hana Cekalovaa, Associate Tomas Kubala, and Junior Lawyer Radek Sikora, and Bucharest-based Counsels Cosmin Anghel and Radu Ropota and Junior Lawyer Martha Busuiocescu.

The Lakatos, Koves and Partners team included Partner John Fenemore, Associate Agnes Abraham, Attorney at Law Veronika Bakonyi, and Trainee Sara Anna Nagy.

Editor’s Note: After this article was published, Kinstellar informed CEE Legal Matters that it advised CCC on the deal as well. The firm’s team included Romania-based Special Counsel Magdalena Raducanu, Managing Associate Razvan Constantinescu, Associate Alexandra Maria Sofineti, and Junior Associate Horatiu Cretu, Czech Republic-based Counsel Martina Brezinova, Junior Associate Dominik Ctvrtnicek, and Lawyer Tomas Blazek, Hungary-based Partner Levente Hegedus, Associates Dorottya Bito and Veronika Heiszer, and Junior Associate Kinga Farkas, Croatia-based Partner Mihovil Granic and Senior Associate Franciska Fadljevic, and Slovakia-based Counsel Dominika Bajzathova.

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

Firm's website.

Our Latest Issue