We are pleased to announce that we advised VECTRA S.A., a leading telecommunications services provider and the largest cable operator in Poland, and its subsidiaries on financing provided by a consortium of lenders comprising Bank Pekao S.A., Santander Bank Polska S.A., BNP Paribas Bank Polska S.A., PKO Bank Polski S.A., mBank S.A. and Bank Gospodarstwa Krajowego.
The financing, in the total amount of approximately PLN 3 billion, is aimed at supporting the further development and growth of VECTRA Group’s nationwide telecommunications infrastructure, including the expansion and modernisation of its network through the increased use of fibre-optic technology, as well as its continued M&A activities and development of new digital services and TV offerings.
VECTRA Group is one of the key players in the Polish telecommunications market, providing a wide range of services, including broadband internet, digital television and telephony. The Group continues to pursue its long-term strategy focused on infrastructure investments, technological transformation and the strengthening of its leading market position.
The core transactional team included Dr Jakub Rachwol, partner heading the Banking & Finance practice, and associate Filip Książczak from the same practice. They were supported by Adrian Więsław (senior associate) and Augustyna Porzucek (associate).