Ondřej Bartoň is an associate in the Debt Finance practice group of the Firm's Prague office.
Ondrej has more than 10 years experience in project, export, real estate and acquisition financing and debt restructuring in the CEE region. Ondrej has also provided complex advisory services in a number of major insolvencies.
Ondřej further focuses on regulation of financial institutions and has provided advisory services to a number of financial institutions in connection with acquisitions of regulated entities in the CEE region.
Ondřej also gained wide-ranging experience and valuable insight during his several-months' secondment to the Czech branch of a global bank.
Financial restructuring of a major European online travel agency
Ondřej represented a club of lenders in financial restructuring of a major European online travel agency. The legal advice included standstill and financial restructuring, including new financing lines supported by the government-sponsored COVID relief programmes.
Restructuring process of Smartwings airlines
Ondřej advised UniCredit Bank Czech Republic and Slovakia, a.s., Komerční banka, a.s., Československá obchodní banka, a. s. and Česká spořitelna, a.s. on the restructuring process of Smartwings a.s. The group of banks provided Smartwings with a loan under the Czech government’s Covid Plus programme, which was introduced to mitigate the adverse effects of the coronavirus pandemic. Smartwings is one of the largest airlines in Central & Eastern Europe and also operates in the Czech Republic, Slovak Republic, Poland, Hungary and Germany. In addition to scheduled and charter flights, it provides special flights for international companies and global, humanitarian and sports organizations.
Global bank - loan to a Luxembourg-based company
Ondřej representated a leading global bank in connection with the facility provided to a Luxembourg-based company. Proceeds of the loan were used towards, among others, the payment of the purchase price for a prestigious office complex in Berlin and the refinancing of the existing financial indebtedness, in part by means of an upstream loan from borrower to acquisition SPV.
EGAP-insured financing to Riga Municipality Limited Liability Company
Ondřej representated Česká spořitelna, a.s. in connection with the provision of a direct export credit under EGAP-insured financing to Riga Municipality Limited Liability Company “Rigas satiksme” for the purpose of financing of deliveries of trams.
Generali group - restructuring of its insurance business in Czechia
Ondřej representated Generali Group, a leading global insurance company, in connection with the corporate restructuring of its insurance business in the Czech Republic.
Czech Bank Association - "COVID III" guarantee programme
Ondřej representated the Czech Banking Association in all aspects pertaining to the preparation and implementation of the state-backed "COVID III" portfolio guarantee programme for enterprises up to 500 employees, administered by Národní rozvojová banka, a.s. (formerly Českomoravská záruční a rozvojová banka, a.s.), a state-owned development bank, including the drafting and negotiation of the template agreement on the portfolio guarantee, legal advisory services with respect to the parameters of the programme in terms of state aid compatibility, notification of the programme to the European Commission pursuant to the Commission Temporary Framework for state aid measures to support the economy in the current COVID-19 outbreak.