A&O Shearman has advised Farm Frites Poland on a PLN 98.6 million (EUR 18 million) financing from Credit Agricole Bank Polska, Bank Pekao, BNP Paribas, and PKO Bank Polski. Norton Rose Fulbright advised the banks.
Farm Frites Poland operates in the frozen potato products industry.
According to A&O Shearman, the financing included the rebalancing of existing facilities and a new lender’s accession to a banking consortium. “The funds are earmarked towards new investments in the development of production lines and covering current operations.”
The A&O Shearman team included Partner Anna Madra, Senior Associate Artur Rutkowski, Associate Bartosz Skalski, and Consultant Bartosz Jagodzinski.
The Norton Rose team included Partner Grzegorz Dyczkowski, Counsel Jacek Smardzewski, and Associate Patryk Gelar.
