27 May 2021
Rymarz Zdort advised Pepco Group N.V. and its subsidiaries (“Pepco” or the “Group”) on the Polish law aspects of a EUR 740 million senior facilities agreement entered into with a consortium comprising 11 leading international and Polish financial institutions.
In order to refinance the Pepco Group’s existing indebtedness, Pepco Group entities entered into a new senior facilities agreement under which secured term loans in the aggregate amount of up to EUR 550 million and a secured working capital facility in the aggregate amount of up to EUR 190 million (or the equivalent thereof in other currencies) were made available to the Group.
The refinancing was connected with the IPO of Pepco on the Warsaw Stock Exchange (in connection with which Rymarz Zdort also advised Pepco Group on Polish law matters) and the respective finance documentation included aspects directly related to the IPO.
Pepco owns and operates a multi-format, pan-European retail business under the PEPCO, Dealz and Poundland brands, with 3,246 stores located across 16 countries (as at 31 March 2021). In the financial year ended 30 September 2020, Pepco’s revenues increased to EUR 3.5 billion.
Marcin Iwaniszyn, a partner and co-head of the banking and finance practice of Rymarz Zdort, supervised the team working on the financing, which also included associate Sebastian Mikina, who rendered day-to-day advice relating to the financing and was supported by associate Krystian Kurgan.
21 December 2024
We are pleased to announce that we advised Mirbud S.A. ("Mirbud") on the acquisition of 92.78% of the shares in Przedsiębiorstwo Budownictwa Specjalistycznego Transkol ("Transkol"). As a result of the...
11 December 2024
We are pleased to announce that on 1 December 2024 Magdalena Pyzik-Waląg became a managing partner of Rymarz Zdort Maruta. The firm has gained an experienced leader for its management body who will be...
4 December 2024
We are pleased to announce that we advised Projekt Solartechnik S.A. ("Projekt Solartechnik") in connection with obtaining funding from the Polish Development Fund (the "PFR") to finance and refinance...
4 December 2024
We are pleased to announce that we advised the partners of Krakowskie Towarzystwo Edukacyjne, the founders of Andrzej Frycz Modrzewski Krakow University ("UAFM"), on the conclusion of an agreement wit...
3 December 2024
We are pleased to announce that Łukasz Dynysiuk joined Rymarz Zdort Maruta at the beginning of December 2024. Although Łukasz's main specialisation is tax, he joined the corporate department, bringing...
27 November 2024
We are pleased to announce that we provided tax advice to Ghelamco Poland in connection with the sale of the Warsaw UNIT skyscraper to Swedish company Eastnine. The value of the transaction amounted t...
22 November 2024
We are pleased to announce that on 4 October 2024, the Regional Court in Warsaw discontinued proceedings conducted against 13 former members of the management board and supervisory board of PKP Cargo ...
18 November 2024
We are pleased to announce that Rymarz Zdort Maruta advised Vantage, a company that develops and manages a PRS platform, belonging together with ROBYG to the TAG Immobilien group, in connection with s...
12 November 2024
We are pleased to announce that our law firm successfully represented DESA Unicum S.A. before the Internet Domain Arbitration Court at the Polish Chamber of Information Technology and Telecommunicatio...
12 November 2024
We are pleased to announce that we provided legal support to Sanok Rubber Company S.A. (the “Company”) in connection with the signing of an investment agreement with PFR TFI-managed Fundusz Ekspansji ...
7 November 2024
7 November 2024
We are pleased to announce that we advised Mutares SE & Co. KGaA (“Mutares”) on the acquisition of Natura sp. z o.o. (“Natura”), one of the largest and longest operating cosmetics store chains on ...
5 November 2024
We are pleased to announce that we advised EWE AG on the sale of EWE Polska, the second largest privately-owned natural gas network operator in Poland, to Eesti Gaas, operating in export markets under...