The Sendero team once again advised an international capital group on a EUR 500,000,000 syndicated financing transaction for the German parent company in the group.

The financing was provided by a syndicate of banks and financial institutions on the basis of documentation governed by German law. The current phase of the project included, among other things, an increase in the available financing amount and the introduction of a number of changes to the existing loan documentation, adapting it to the current business needs of the group.

Sendero’s role

Sendero acted as local counsel in the field of Polish law, responsible for the comprehensive protection of the interests of both the parent company and the Polish subsidiary, in particular in the area of:

  • establishing and modifying security for the loan on the shares and assets of the Polish company,
  • ensuring the effectiveness and enforceability of the security in accordance with Polish law,
  • analyzing the legal risks associated with cross-border financing,
  • coordinating the Polish aspects with the financing documentation governed by German law.

Long-term cooperation

It is worth noting that Sendero has been involved in this project from the very beginning, i.e., since the launch of the first financing several years ago. We advised the client at subsequent stages of the financing structure’s development, also participating in the current version of the transaction.

Our long-term involvement allows us not only to efficiently carry out subsequent modifications to the documentation, but also to actively support the client at the strategic level, with a full understanding of the group’s structure, its business needs, and the expectations of the financing institutions.