CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Spasov and Bratanov, working with Clifford Chance, has advised the International Finance Corporation and Raiffeisenbank International on the EUR 90 million financing for R Engineering to construct a solar power park. CMS advised R Engineering.
Filip & Company has advised Credit Europe Bank Romania on a cross-border merger by absorption into Credit Europe Bank.
Former Schoenherr Managing Attorney at Law Andrei Muresan has joined the Tiriac Group as its new Head of Legal - Special Projects.
Wolf Theiss has advised Erste Group Bank on the successful issuance of EUR 750 million fixed to floating rate green preferred senior notes due 2033. CMS, working with Linklaters, advised the international banking syndicate working on the issuance including Danske Bank, Erste Group, Landesbank Baden-Wuerttemberg, Landesbank Hessen-Thueringen, Societe Generale, and TD Global Finance.
Clifford Chance has advised Solaris Bus & Coach on EUR 700 million syndicated financing in the form of credit and guarantee lines granted in order to fuel the company's further development. Allen & Overy Shearman Sterling advised the banking consortium.
Reed Smith has advised Phoebe Energy on securing non-recourse financing of EUR 341.4 million from Eurobank and Piraeus Bank for a 550-megawatt photovoltaic project in Ptolemaida, Western Macedonia, Greece.
Clifford Chance has advised a club of banks including ING Bank, Erste Group Bank and its Czech subsidiary Ceska Sporitelna, and Komercni Banka on a EUR 268 million facility agreement supporting a new joint venture partner’s entry and the expansion of Unibail-Rodamco Westfield's Centrum Cerny Most in Prague. Dentons reportedly advised Unibail-Rodamco Westfield.
