Michal Oleś

Associate, Warsaw



Michał Oleś focuses on debt finance, commercial and civil law. He has substantial experience in representing lenders in a range of financing projects and experience in working on standard banking documentation.

Bars and Courts
Advocate, Regional Bar Chamber in Warsaw
Master's Degree
Warsaw University, Faculty of Law and Administration
Bachelor's Degree
University of Warsaw
Faculty of International Relations
University of Florida Levin College of Law
Scholarship Program
Universitat de Valencia
Socrates-Erasmus Scholarship


Ghelamco: representation of Apollo Invest sp. z o.o. (a Ghelamco Poland subsidiary) in connection with EUR 135 million and PLN 25 million financing of costs and expenses relating to the development, construction and completion of the class A "Warsaw Unit" office building.

Berlin Hyp AG and Erste Group Bank AG: representation of the banks in connection with €205 million refinancing of portfolio of seven office buildings located in Warsaw belonging to Immofinanz.

Santander Bank Polska S.A., PKO BP S.A. and Bank Millennium S.A.: representation of the banks in connection with a facility of PLN 530 million granted to leading plywood manufacturers in Poland for the purpose of refinancing their existing financial debt and financing capital expenditure and for general and working capital purposes of the group.

Ghelamco: representation of Ghelamco in connection with a €370 million refinancing of the existing indebtedness incurred by Ghelamco's subsidiaries in connection with construction of the Warsaw Spire, a complex of office buildings in Warsaw.

Ghelamco: representation of Ghelamco in connection with a €221 million and PLN 45 million facility agreement entered into with Polish lenders' syndicate in connection with the financing of the construction and development of a multifunctional complex building in Warsaw (The Warsaw HUB).

Bank Zachodni WBK S.A., ING Bank Śląski S.A., Powszechna Kasa Oszczędności Bank Polski S.A., Bank BGŻ BNP Paribas S.A. and HSBC Bank Polska S.A.: representation of the consortium of lenders in connection with the PLN 1.38 billion refinancing of the indebtedness of Prime Car Management S.A.

Bank Zachodni WBK S.A.: representation of Bank Zachodni WBK S.A. in the indirect financing of up to PLN 1.56 billion to guarantee the acquisition of 34.29% of the shares in AmRest Holdings SE by its largest shareholder, FCapital Dutch B.V.

Synthos S.A.: representation of Synthos S.A. in connection with obtaining financing in the form of a revolving credit of up to €220 million from a consortium of banks including PKO Bank Polski S.A., Bank BGŻ BNP Paribas S.A., Bank Handlowy w Warszawie S.A., Bank Zachodni WBK S.A., HSBC Bank Polski S.A., ING Bank Śląski S.A. and HSBC Bank plc.

Bank Gospodarstwa Krajowego: representation of Bank Gospodarstwa Krajowego in connection with the US$42.5 million and PLN 90 million financing of the development of an oil field in the Baltic Sea by LOTOS Petrobaltic S.A. The project was the first transaction co-financed by Polskie Inwestycje Rozwojowe S.A., a company established under the Polish Investments Programme.

Landesbank Hessen-Thüringen Girozentrale (Helaba): representation of Landesbank Hessen-Thüringen Girozentrale (Helaba) in connection with the €136 million financing granted to Starwood Capital Group for their acquisition of three office properties located in Warsaw and Katowice.