Dentons Poland has advised DNB Bank Polska on its PLN 155 million financing package for Wilko 5, a special purpose vehicle of the Helios Energy Investments Fund, for the construction of five wind farms in Poland’s Wielkopolskie region. Clifford Chance reportedly advised the borrowers on the deal.
Real estate is undoubtedly one of the sectors affected by the COVID-19 health crisis. The full economic impact of the pandemic is still unclear, but all real estate stakeholders are anticipating that by end of this year of the first quarter of 2021, they will have a better grasp on the effects and sufficient data in order to be able to discuss mitigating factors and make some predictions. Strong real estate players will begin, or continue to look for, opportunities to expand or diversify their portfolios, while investors on the verge of implementing exit strategies may need to revisit the exit terms and structure.
Sorainen’s Lithuanian office has advised the state-owned Ignitis Group on its initial public offering and admission to the Vilnius and London stock exchanges. Walless and Dentons advised bookrunners Bank of America, JP Morgan, Morgan Stanley, Swedbank, and UBS on the offering. Linklaters and Ashurst also reportedly advised the Ignitis Group.
Greenberg Traurig has advised Madison International Realty on its acquisition of an unspecified stake in Cavatina Office sp. z o.o., the owner of the Chmielna 89 office building in Warsaw, from Cavatina Holding S.A., as well as on its entry into a joint venture agreement with Cavatina Holding S.A. and the refinancing of the existing bank debt of Cavatina Office sp. z o.o. Dentons reportedly advised Cavatina Holding S.A. on the deal.
SSW Pragmatic Solutions has advised BoomBit on its sale of a part of its shareholding in SuperScale to British venture capital fund Level-Up. Dentons advised Level-Up on the deal while B2RLaw, working with London's Fieldfisher and Bratislava's Dagital Legal law firms, advised SuperScale and its founder Ivan Trancik.