CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
KWKR, working with Lippes Mathias, has advised Software Mind on obtaining a PLN 150 million financing from BNP Paribas Bank Polska and the subsequent acquisition of US-based company Prosoft in a transaction valued at almost USD 50 million. Dentons advised the lender. Schoenherr, working with Roetzel & Andress, reportedly advised on the loan agreement as well.
Clifford Chance has advised Ceskoslovenska Obchodni Banka and Ceska Sporitelna on the financing for Kofola Group's joint acquisition of the Pivovary CZ Group together with the RSJ investment group and the Usovsko agricultural group. Nedelka Kubac Advokati advised Kofola on the acquisition.
Allen & Overy has advised Raiffeisen Bank International and a syndicate of lenders on their EUR 100 million financing package for ITIS Holding to support the acquisition of Vitronic Machine Vision. BBH reportedly advised the borrowers.
CK Legal Chabasiewicz Kowalska has advised Ryvu Therapeutics on an EUR 8 million venture debt financing from the European Investment Bank. Allen & Overy reportedly advised the EIB.
Allen & Overy and Turkish affiliate Gedik & Eraksoy have advised the joint bookruners on Akbank's USD 600 million issuance of 9.37% perpetual fixed rate resettable additional tier 1 notes. Baker McKenzie and Turkish affiliate Esin Attorney Partnership advised Akbank.
Gecic Law has advised the European Bank for Reconstruction and Development and Enterprise Expansion Fund II on their investment in Vega IT.
Balicki Czekanski Gryglewski Lewczuk has advised Polish steel producer Cognor on a PLN 360 million and EUR 36 million financing arranged by Santander Bank Polska and Santander and guaranteed by Polish export credit agency KUKE. Deloitte Legal reportedly advised the banks.
