26
Fri, Apr
27 New Articles

Norton Rose, Clifford Chance, DTB and TGS Advise on Inter Cars Loan Facility

Norton Rose, Clifford Chance, DTB and TGS Advise on Inter Cars Loan Facility

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

Norton Rose Fulbright has advised Inter Cars S.A. and its group companies on a PLN 1.1 billion loan facility. Clifford Chance, working with Tark Grunte Sutkiene (TGS), Divjak, Topic & Bahtijarevic (DTB) and Montanios & Montanios, advised Bank Pekao S.A. (agent), mBank S.A. (security agent), and  Bank Handlowy w Warszawie S.A. (Citi Handlowy), ING Bank Slaski S.A., Bank BGZ BNP Paribas S.A., DNB Bank, and Caixa Bank as mandated lead arrangers on the facility.

As part of the limit granted by the banks under the revolving facility, Inter Cars also arranged ancillary facility agreements, providing its group companies with access to a number of banking products such as overdrafts, guarantees, and letters of credit.

Inter Cars, based in Poland, is the largest importer and distributor of automotive spare parts for passenger cars and commercial vehicles in Central and Eastern Europe. The company’s product range includes garage equipment such as tools for servicing, repairs and maintenance of cars, and also motorcycle spare parts and tuning parts.

The Norton Rose Fulbright team was led by Partner Grzegorz Dyczkowski, assisted by Senior Associate Tomasz Rogalski, Associates Konrad Leszko and Maksymilian Jarzabek, and Paralegal Adrian Wieslaw. 

The Clifford Chance Warsaw team of lawyers included Partner Andrzej Stosio, Counsel Milosz Golab and Rafal Zakrzewski, Senior Associate Kacper Bardan, and Associates Pawel Dlugoborski, Joanna Kuc, Mateusz Chmura, and Aleksandra Rudzinska, as well as lawyers from Clifford Chance's Prague office (on Czech and Slovak law) and Bucharest office (on Romanian law). 

The DTB team was led by Senior Associate Martina Kalamiza.

The TGS team included Partner Vilius Bernatonis and Senior Associate Ieva Dosinaite.

Montanios & Montanios cooperated with Clifford Chance on matters of Cypriot law.

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