A&O Shearman advises Ceske Radiokomunikace on a CZK 5 billion refinancing transaction arranged by Komercni Banka, Ceska Sporitelna, ING, Citibank, PKO Bank Polski, Raiffeisen Bank, and Tatra Banka. Clifford Chance advised the banks.
Ceske Radiokomunikace is a multi-asset digital infrastructure platform in the Czech Republic. According to A&O Shearman, “ultimately owned by the London Stock Exchange-listed Cordiant Digital Infrastructure Limited, CRA is at the forefront of providing television, radio, and internet infrastructure. This refinancing is a strategic move, designed to provide CRA a stable financing platform to allow it to pursue its growth plans, particularly in the data center and cloud services sectors.”
“The successful completion of the long-term refinancing gives our company stability and the opportunity for further organic and inorganic growth,” commented CRA CFO Jiri Cernik. “We plan to use the additional funds primarily for the construction of a data center in Prague-Zbraslav.”
The A&O Shearman team included Prague-based Partner Petr Vybiral, Senior Associate Martina Kristianova, and Associates Jan Vaclav Nedvidek and David Mikyska as well as further team members in London.
The Clifford Chance team included Prague Managing Partner Milos Felgr, Counsels Dominik Vojta and Petr Sebesta, Senior Associates Hana Cekalova and Fola Ajayi, and Junior Lawyers Radek Sikora and Alena Rumlova.
