We are pleased to announce that we advised a consortium of banks, Bank Polska Kasa Opieki S.A., Bank Gospodarstwa Krajowego, ING Bank Śląski S.A. and mBank S.A., on financing that was made available to a leading Polish general contractor, NDI S.A.
The amount of the financing, comprising a revolving facility and bank guarantees, exceeds PLN 300 million and is being provided in connection with NDI’s contract for the design and construction of the T5 offshore terminal. The T5 offshore terminal is part of the Baltic Hub container terminal in Gdańsk and will serve as an installation port for the offshore wind farms.
NDI S.A. is a leading Polish general contractor with over 30 years of experience in implementing various construction projects – from building construction to the most complex infrastructure projects.
Our team was led by Marcin Gruszka (counsel) and included Adrian Więsław (senior associate), Maksymilian Kaszubowski (associate) and Lidia Niebieszczańska (associate) from our Banking & Finance practice. Tomasz Bąkowski (senior associate) and Karol Wojtkowski (associate) were involved in the legal due diligence process. Dr Jakub Rachwol, a partner co-heading the Banking & Finance practice, supervised the project.