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Gide Loyrette Nouel A.A.R.P.I.

15 RUE DE LABORDE, PARIS, 75008, FRANCE
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Work +33 1 40 75 60 00
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Web:
www.gide.com

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Gide advises KGHM Polska Miedź on financing worth USD 2.5 billion

July 2014

Gide's Warsaw and London offices have successfully completed another project for KGHM Polska Miedź. The largest Polish mining company officially announced an investment loan agreement for USD 2.5 billion for general corporate purposes which was signed on 11 July 2014. This is one of the most significant transactions of its type carried out in Europe this year.

The agreement was concluded with a consortium of Polish and international banks, including Crédit Agricole Corporate and Investment Bank, Crédit Agricole Bank Polska, Bank Zachodni WBK, Santander Bank, Bank Polska Kasa Opieki, Bank Handlowy w Warszawie SA and Powszechna Kasa Oszczędności Bank Polski.

Gide advised the company on the legal aspects of seeking funding and supported KGHM in negotiating loan terms and conditions. Dariusz Tokarczuk and Paweł Grześkowiak were the partners responsible for the project on Gide's side. Marta Karmińska also took part in project work. The team was supported by lawyers from Gide's London office - Dimitrios Logizidis and Sarah Whitley. Advice for KGHM was provided in co-operation with an independent financial adviser - Rothschild. The advisor from the banking sector was the law firm Greenberg Traurig.

The project continues the co-operation between KGHM Polska Miedź and Gide, which has provided legal services for the most important transactions carried out by the company in recent years, such as the acquisition of all the shares in the Canadian mining company Quadra FNX Mining Ltd. and the sale of shares in the mobile operator Polkomtel.

 

Note to Editors 

Gide Loyrette Nouel was one of the first international law firms to open an office in Poland in 1990. Today, the Firm employs over 40 lawyers and tax advisors in Warsaw. Gide's Warsaw clients include financial institutions, banks, insurance companies, foreign investors, Polish large corporations and other entities, including state-owned companies and public institutions (i.e. the Ministry of Regional Development, the City of Warsaw, Ministry of State Treasury, etc.). We have advised half of the Polish WIG-20 companies (capitalization-weighted stock market index of the twenty largest companies): KGHM, PGNIG, mBank (previously BRE Bank), Bank Handlowy, Bank Pekao, Bank PKO BP, PGE, PKN Orlen, Synthos and Orange.

 

Gide Loyrette Nouel is a premier international law firm and the first to have originated in France. Founded in Paris in 1920, the Firm now operates from 17 offices in 14 countries. It has over 600 lawyers drawn from 40 different nationalities. Gide Loyrette Nouel offers some of the most respected specialists in each of the various sectors of national and international finance and business law.

 

 

 

 

 

 

 


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