Bank Finance, Restructuring and Insolvency

Liquidation and Insolvency of Sberbank CZ
Dr. Jiřina Lužová, the court-appointed liquidation administrator of Sberbank CZ, a subsidiary of Sberbank (Europe) AG on the CZK 41 billion sale of Sberbank CZ's assets to Česká spořitelna. White & Case also provided assistance on the sanctions regime advising on U.S., EU and UK sanctions against Russia applicable to Sberbank CZ. This is the largest liquidation/insolvency of a bank in the Czech Republic in two decades. CEE Legal Matter Deal of the Year 2024, Czech Republic

Financing an investment into biotech company
Česká spořitelna, a.s. and Komerční banka, a.s. in connection with acquisition financing for the purpose of purchase of shares in the group of companies specialized in manufacturing of innovative products and technologies for clinical biochemistry, immunology, hematology, microbiology and molecular biology.

EUR 140 million financing of OREA hotels & resorts
Raiffeisenbank a.s. in connection with EUR 140 million financing provided to CIMEX Group to advance its hotel division, OREA Hotels & Resorts. The funds were allocated for extensive renovations and expansions across OREA's portfolio, aiming to enhance service quality and guest experience.

EUR 45 million financing of Rohlik Group, Czech start-up unicorn
Rohlik Group a.s. in connection with the EUR 45 million facilities agreement entered among, inter alia, Rohlik Group a.s. as borrower and the syndicate of banks consisting of Česká spořitelna, J&T BANKA and BNP Paribas. The proceeds raised under the facilities agreement should be applied mainly towards financing and refinancing of Rohlik Group's investments.

Financing of PFNonwovens group
Československá obchodní banka, a. s. acting as agent for the finance parties, including BNP Paribas S.A. acting through BNP Paribas S.A., pobočka Česká republika, Česká exportní banka, a.s., Česká spořitelna, a.s., Československá obchodní banka, a. s., HSBC Continental Europe and Komerční banka, a.s., in connection with refinancing and upsize of existing facilities of PFNonwovens group, and addition of incremental facilities proposed to refinance bonds issued by the group.

EUR 715 million financing of Eurowag Group
Eurowag Group in connection with its refinancing of. The Multicurrency Term and Revolving Facilities Agreement was signed to refinance and expand the group's existing credit facilities by providing facilities of up to EUR 715 million (out of which EUR 150 million is provided as an uncommitted incremental facility).

EUR 1.9 billion of CTP Group - the largest real estate financings in the CEE region
Erste Group Bank AG, Česká spořitelna, a.s., UniCredit S.p.A., UniCredit Bank Czech Republic and Slovakia, a.s., Société Générale S.A. and Komerční banka, a.s. as mandated lead arrangers in connection with syndicated financing provided to CTP Group, one of the largest industrial developers in the CEE region, for the purposes of refinancing the existing financial indebtedness of certain property companies within CTP Group that operate logistics parks in the Czech Republic. At the amount of EUR 1.9 billion, this is one of the largest real estate financings in the CEE region.

Capital Markets

Green bonds issuance by ENERGO-PRO Green Finance
ENERGO-PRO Green Finance as issuer on its CZK 3.5 billion retail domestic offering of green notes due 2029, issued by ENERGO-PRO Green Finance, guaranteed by its holding company DK Holding Investments and secured over shares in ENERGO-PRO and certain other assets of DK Holding Investments. The notes have been admitted to trading on the regulated market of the Prague Stock Exchange. J&T IB and Capital Markets acted as arranger, and J&T BANKA and UniCredit Bank Czech Republic and Slovakia as managers. The deal represents one of the first issuances of green domestic bonds by a corporate issuer under Czech law.

Initial Public Offering of CTP N.V. on Euronext Amsterdam
CTP N.V. as issuer in connection with its initial public offering and listing of its shares on Euronext Amsterdam. CTP is a leading CEE logistics parks owner and developer. It was the largest real estate IPO in Europe since 2014.

Establishment of the CZK 3 billion bonds programme of CPI Group
J&T BANKA, a.s. as lead manager, in connection with the establishment of the CZK 3 billion bonds programme of CPI Finco Czechia, a.s., a company of the CPI Property Group, one of the largest owners of income-generating real estate in Europe.

EUR 8 billion EMTN programme update of CTP Group
CTP B.V. as issuer in connection with the annual update of its EUR 8 billion EMTN programme, as well as the following successful green bond issuances thereunder. The notes are listed on the Global Exchange Market of Euronext Dublin.

USD 435 million bond issuance of Energo-Pro
Energo-Pro, a leading electricity distribution and hydropower generation company in the Black Sea region, on the offering of USD 435 million 8.500% guaranteed notes due 2027 and the related tender offer in respect of its EUR 370 million 4.00% guaranteed notes due 2022.

Domestic bond issuance by Česká zbrojovka Group
Komerční banka and Česká spořitelna in connection with the issue of domestic bonds of Česká zbrojovka Group, one of the leading European producers of firearms for military and law enforcement, personal defence, hunting and sport shooting.