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Dentons Advises Santander Bank Polska and BNP Paribas Bank Polska on Financing Nowel Development

Dentons Advises Santander Bank Polska and BNP Paribas Bank Polska on Financing Nowel Development

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Dentons has advised Santander Bank Polska and BNP Paribas Bank Polska on granting a PLN 408 million financing to Nowel. Clifford Chance reportedly advised Nowel.

Nowel is a producer of frozen bread and bakery products.

According to Dentons, “the funds are aimed at refinancing the existing debt and financing the further development of the Nowel group, specializing in the production of baking bread. The company delivers its products to the largest retail chains in Poland and Europe. The financing was partially secured by the KUKE guarantee.”

The Dentons team included Partners Tomasz Zwolinski and Michal Wasiak, Counsel Pawel Dlugoborski, Senior Associate Aleksandra Czyz, and Associates Daria Dabrowska, Justyna Machnicka, and Kamil Bator.

Dentons at a Glance

Across over 80 countries, Dentons helps you grow, protect, operate and finance your organization by providing uniquely global and deeply local legal solutions. Polycentric, purpose-driven and committed to inclusion, diversity, equity and sustainability, we focus on what matters most to you.

Dentons is one of the leading law firms in CEE and Central Asia with offices in Warsaw, Prague, Budapest, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

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