Global law firm White & Case LLP has advised a consortium of financial institutions on the financing of up to PLN 1.57 billion (€353 million), including a term loan, an investment loan and a revolving credit facility, granted to Emitel S.A., the largest operator of terrestrial radio and television infrastructure in Poland.
The term loan will be used to repay debt under the 2020 loan agreement, while the investment and revolving loans will be used to finance the company's operating activities as well as development investments and acquisitions.
The consortium of banks and other financial institutions that provided financing to Emitel S.A. included Bank Handlowy w Warszawie S.A., PKO Bank Polski S.A., Bank Gospodarstwa Krajowego, Bank Pekao S.A, DNB Bank ASA, BNP Paribas Bank Polska S.A., Credit Agricole Bank Polska S.A., Bank Ochrony Środowiska S.A., Alior Bank S.A. and the PZU Group.
The White & Case team in Warsaw which advised on the transaction was led by partner Grzegorz Abram and included associates Magdalena Bachleda-Księdzularz and Marlena Skowrońska.
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