Radek Kraus

Associate, Prague

Biography

Overview

Radek is an associate of the Prague office, primarily specializing in acquisition and real estate finance and legal advice to banks. He provides ongoing advisory services to major financial institutions and companies in connection with international and domestic financial transactions. In his practice, he has mainly been engaged in the drafting and negotiation of contractual documentation.

Radek also has comprehensive experience in corporate law, insolvency proceedings and dispute resolution.

Bars and Courts
Czech Bar Association
Education
JUDr
Charles University Law School
Prague
Mgr
Charles University Law School
Prague
Erasmus Program
Universität Hamburg
Hamburg, Germany
Languages
Czech
English
German

Experience

Represented Československá obchodní banka, a. s., VÚB Banka and Raiffeisenbank a.s. in connection with CZK 7 billion financing provided to Letiště Praha, a.s. The objective of the financing was to strengthen the company's financial stability in light of the major adverse impact of Covid-19 pandemic on the company's operations and to finance its planned sustainable development.

Assisted Wood & Company in connection with its acquisition of the majority stake in a company, which owns Aupark Bratislava Shopping Centre, a well-known shopping destination in Bratislava. The services included advice with arranging and obtaining an acquisition loan of €229.5 million, one of the highest amounts in the Slovak real estate market, for refinancing of debt of Aupark Bratislava.

Advising MVM Group, Hungary's state-owned energy group, on its acquisition of the entire share capital in innogy Česká republika, a.s. from innogy Beteiligungsholding GmbH, a member of the innogy/E.ON Group. MVM Group is a sovereign-owned integrated energy company with the highest market share in the national electricity and gas markets in Hungary.

Advising syndicate of banks led by Komerční banka, a.s. and Česká spořitelna, a.s. as mandated lead arrangers, to W.A.G. payment solutions, a.s. in connection with repayment of the existing indebtedness of the group, financing of envisaged acquisitions, capital expenditures and general corporate purposes of the group.

Representing lenders to Rockaway Capital on the €265 million financing of the acquisition of the leading e-shop in the Czech Republic, Mall.cz, and the largest price comparison website, Heureka.cz, from Naspers, the South African-based internet services provider with a particular focus on ecommerce.

Advising 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 logistic parks in the Czech Republic. At an amount of €1.9 million, this is one of the largest real estate financings in the CEE region.

Advising UniCredit Bank Czech Republic and Slovakia, a.s., in relation to increase of facilities provided by syndicate of banks to Czech borrowers belonging to Dr. Max group owned by Penta. Financing was provided to Česká lékárna, a.s. and Baramoore International s.r.o. for general corporate purposes, intra-group lending and payment of dividends to the parent.

Advising PPF Group, one of the largest investment and finance groups in Central & Eastern Europe, on its €2.8 billion acquisition of Telenor's telecommunications assets in Central & Eastern Europe, the largest M&A transaction in the CEE telecoms sector, and the largest loan syndication in the region, since 2011.

Advising Berlin Hyp AG in connection with the extension of a loan to the Atrium Finance B.V. (SPV) incorporated under Dutch law, ultimately owned (indirectly) by Atrium European Real Estate Ltd, of up to €136,000,000 for the purpose of a corporate financing of the SPV.

Advising Československá obchodní banka, a.s. in connection with the envisaged provision of a loan to the following entities: VGP Park Usti nad Labem a.s., VGP Park Jenec a.s., VGP Park Olomouc 1 nástupnická a.s. and VGP Park Olomouc 4 a.s., and VGP Park Chomutov a.s., and VGP Park Olomouc 3 a.s. for the purpose of, inter alia, refinancing of the existing indebtedness of the borrowers.