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Schoenherr, KSB, and CMS Advise on Twisto Group's Senior and Mezzanine Debt (Re)financings

Schoenherr, KSB, and CMS Advise on Twisto Group's Senior and Mezzanine Debt (Re)financings

Czech Republic
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Schoenherr has advised Twisto FinCo s.r.o. and Twisto payments a.s. on its EUR 25 million debt refinancing, including a senior stream provided by J&T Banka of approximately EUR 17.3 million and a mezzanine stream provided jointly by Orbit Capital and Growth Finance of approximately EUR 7.7 million. Kocian Solc Balastik represented J&T Banka and CMS advised Orbit Capital and Growth Finance.

Twisto Payments a.s. is a financial technology company that provides mobile payment software.

Schoenherr’s team was led by Prague-based Attorney Jiri Marek and included Prague-based Attorneys Ondrej Havlicek and Matej Sarapatka and Vienna-based Partner Robert Bachner.

Kocian Solc Balastik's team included Partner Martin Krejci and Counsel Ivo Prusa.

CMS's team included Sofia-based Partner Partner Elitsa Ivanova and Prague-based Senior Associate Pavel Srb.

Schoenherr at a Glance

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu