White & Case advises WOOD & Company on refinancing of Aupark shopping center in Bratislava
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Global law firm White & Case LLP has advised WOOD & Company on the €270 million financing of the Aupark shopping center in Bratislava, one of the largest real estate loan transactions on the Slovak market.
"This transaction confirms the strong lender appetite for prime retail assets in Central Europe and the depth of bank liquidity available for high quality sponsors," said White & Case partner Jan Linda.
The new facility refinances and increases the existing indebtedness of Aupark and supports the continued development of one of Slovakia’s leading retail destinations.
Acquired by WOOD & Company together with Tatra Asset Management from Unibail‑Rodamco‑Westfield in 2021 (with subsequent tranches) in a transaction valued at €450 million, Aupark has long ranked among the most important retail and leisure destinations in Slovakia. The latest financing reflects Aupark’s stable operating performance and its strategic position in the Bratislava market. The financing was provided by a syndicate of five banking groups – UniCredit Bank, ČSOB, ING Bank, Tatra banka and VÚB banka – with UniCredit Bank acting as arranger and coordinator, representing the syndicate in structuring and implementing the transaction.
The White & Case team in Prague which advised on the transaction was led by local partner Radek Kraus and included partner Jan Linda and counsel Vladimír Ivančo.
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