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.
The club of financing banks included Bank Gospodarstwa Krajowego, Erste Group AG, HSBC Continental Europe, mBank, Pekao, PKO Bank Polski, and Societe Generale Polish Branch.
Solaris Bus & Coach is a European bus producer. The company focuses its operations on the development of zero-emission and low-emission vehicles. It is a part of Construcciones y Auxiliar de Ferrocarriles Group, a designer and supplier of transportation systems.
The Clifford Chance team included Partner Milosz Golab, Senior Associate Bartosz Zielinski, and Associates Mateusz Leleno and Gabriela Kobak.
The A&O Shearman team included Partner Tomasz Kawczynski, Associates Maciej Szalak and Maria Korba, and Consultant Bartosz Jagodzinski.
