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Norton Rose Fulbright and Clifford Chance Advise on PLN 2.8 Billion Refinancing of Fiberhost and INEA

Deloitte Legal Advises Iskra on Acquisition of Elmap and Elmap Projekt

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Norton Rose Fulbright has advised PKO Bank Polski, EBRD, ING Bank, Credit Agricole, Santander, Bank Pekao, mBank, and PZU on their PLN 2.8 billion syndicated refinancing of Fiberhost, INEA, and their associated companies. Clifford Chance advised the borrowers.

In addition to refinancing, the funds made available under the financing – equivalent to approximately EUR 650 million – will be used for further expansion of the borrowers' fiber optic network.

Fiberhost operates in the construction and management of a multi-fiber network.

INEA is a supplier of telecommunications services in the Wielkopolskie Province, in the west of Poland.

The Norton Rose team included Warsaw-based Partner Grzegorz Dyczkowski, Counsel Marta Kawecka, Associates Karolina Lepakiewicz and Daniel Ksiazek, and Lawyers Wiktoria Jadczak and Dominika Wojtkowska as well as further team members in Luxembourg.

The Clifford Chance team included Partner Andrzej Stosio, Counsel Kacper Bardan, and Associates Artur Gladysz, Mateusz Leleno, and Oskar Ratajczak.