Firms To Watch: Banking and finance

2022 saw the establishment of KPMG Law‘s banking and finance practice following the arrival of Adam Stopyra and his team from DWF Poland Jamka Sp.k; the group advises financial institutions on their activity in the Polish market, in addition to representing clients before Polish regulatory authorities.

Banking and finance in Poland

Allen & Overy, A. Pedzich sp. k.

Allen & Overy, A. Pedzich sp. k.‘s banking group ‘is one the most experienced practices in Warsaw’ with an ‘ability to combine global reach and local knowledge’. Its offering encompasses the entire spectrum of financing work, from general lending and acquisition and real estate finance, to restructurings, export, project and asset finance. Its client roster includes major domestic and global financial institutions and banks, as well as international companies. Managing partner for the CEE region Arkadiusz Pędzich has vast experience advising borrowers and lenders on financings across a range of sectors, including real estate, shipping, telecoms, and energy. Other key senior names are Tomasz Kawczyński, head of the projects, energy, natural resources and infrastructure group, who has a focus on project finance, and Anna Mądra, who oversees the real estate department, and she advises banks, borrowers, and sponsors on related financing transactions.

Responsables de la pratique:

Arkadiusz Pędzich; Tomasz Kawczyński; Anna Mądra


Autres avocats clés:

Anna Pawelec; Maciej Wroniak; Artur Rutkowski; Konrad Zawistowski


Les références

‘Tomasz Kawczyński is recommended for his outstanding professionalism in leading the banking practice in Warsaw.’

‘A&O banking and finance is one the most experienced practices in Warsaw. A&O is strong among all levels of professionals and involves senior individuals during the processes.’

‘What makes the practice unique is their ability to combine global reach and local knowledge, as well as their deep understanding of our local banking business. They have a strong network of offices and relationships with leading local firms, which enables them to provide seamless and consistent advice across different legal systems and regulatory frameworks.’

Principaux clients

PKO Bank Polski


Bank Pekao


mBank


ING Bank Śląski


Credit Agricole Bank Polska


Bank Gospodarstwa Krajowego


Polenergia S.A.


Dutch Infrastructure Fund


Polski Fundusz Rozwoju


EBRD


EIB


Aareal Bank


Panattoni Development Europe


Deutsche Hypo


Principaux dossiers


  • Advised a club of lenders on the €863.5m financing to BalticHub sp. z o.o. for the construction of Terminal 3 of the deep water container terminal in Gdańsk.
  • Advised BNP Paribas Bank Polska, Crédit Agricole Corporate and Investment Bank, KFW IPEX-BANK, Santander Bank Polska, and Société Générale – as mandated lead arrangers and underwriters – and Crédit Agricole Bank Polska, Bank Gospodarstwa Krajowego, Bank Pekao, and PKO Bank Polski – as original lenders – and the European Investment Bank – as lender – on a PLN5.125bn term and revolving facility for the financing of Polski Światłowód Otwarty sp. z o.o.
  • Advised EDPR, as a sponsor, on the financing of a portfolio of six wind farms with an aggregate capacity of up to approximately 149.4MW located in Lichnowy, Bogoria, Krasin, Chojnice, Piątkowo and Kozłowo.

Clifford Chance

Clifford Chance is lauded for its ‘exceptional legal expertise’ in the banking and finance arena. Sustainability-linked transactions have been a recent area of activity for the group, in addition to project financing and refinancing mandates. Its impressive client roster includes major financial institutions and banks. Banking and securities law expert Grzegorz Namiotkiewicz, and regulatory and transactional specialist Andrzej Stosio jointly sit at the helm of the department. Miłosz Gołąb frequently advises clients on restructurings and refinancings, and Irena Floras-Goode, who was promoted to partner in May 2023, has a notable focus on project financing mandates, as well as asset, acquisition and export finance.

Responsables de la pratique:

Grzegorz Namiotkiewicz; Andrzej Stosio


Autres avocats clés:

Miłosz Gołąb; Irena Floras-Goode; Maksymilian Jarząbek; Michał Jadwisiak


Les références

‘Good direct engagement of the partner, Grzegorz Namiotkiewicz, and his pro-active support. Grzegorz focuses also on the merits of the transaction and not only on issuing invoices.’

‘This practice stands out due to its exceptional legal expertise, putting them ahead of the competition. They offer a highly client-centric approach, prioritising open communication, responsiveness, and proactive support.’

‘Their commitment to innovation, diversity, and inclusivity fosters a forward-thinking environment that benefits clients like us. Their collaborative culture ensures that we receive comprehensive and holistic legal solutions tailored to our needs.’

Principaux clients

Cargounit


Bank Gospodarstwa Krajowego


Bank Pekao S.A.


Alior Bank S.A.


KfW IPEX-Bank GmbH


Erste Group Bank AG


Santander Bank Polska S.A.


Bank Ochrony Środowiska S.A.


Bank of China (Europe) S.A.


Spółka Akcyjna Oddział w Polsce


BNP Paribas Bank Polska S.A.


European Bank for Reconstruction and Development


mBank S.A.


Powszechna Kasa Oszczednosci Bank Polski


ING Bank Slaski


Bank Millennium


PKO BP S.A.


Haitong Bank, S.A.


Oddział w Polsce


RTB House


Baltic Hub Container Terminal sp. z o.o.


European Investment Bank


Resi4Rent


Taaleri Energia


PAD RES


Hillwood Polska


Principaux dossiers


  • Advising Baltic Hub on the expansion and refinancing of its existing debt and the construction of the third deep water sea container terminal.
  • Advising a consortium of Polish and international financial institutions on the PLN2.45bn financing of the construction of a combined-cycle gas turbine with a capacity of approximately 750MW in Ostrołęka.
  • Advising a consortium of banks on the conclusion of an agreement for a revolving credit facility of up to PLN1bn and a term loan of up to PLN1.5bn, which will be granted as a sustainability-linked loan, with Enea.

CMS Cameron McKenna Nabarro Olswang Posniak i Bejm sp.k.

CMS Cameron McKenna Nabarro Olswang Posniak i Bejm sp.k.‘s group is praised as ‘one of the best banking teams in Warsaw with exceptional individuals‘. It boasts a broad client roster, which includes domestic and foreign banks, financial institutions, companies, and investment funds, and assists them with projects across Poland and the wider CEE region. Transaction financing is a core area of expertise for practice head Michał Mężykowski. Jakub Wieczorek specialises in project finance and acquisition finance, while Jakub Podkowa is skilled in financings in the real estate sector. Structuring projects and export financing are also key areas of strength for the department. In team news, Pawel Wajda joined the firm in January 2023 from Baker McKenzie Krzyzowski i Wspólnicy Sp.k..

Responsables de la pratique:

Michał Mężykowski


Autres avocats clés:

Jakub Podkowa; Jakub Wieczorek; Martyna Markiewicz; Rafał Zakrzewski; Pawel Wajda


Les références

‘Excellent knowledge and project handling.’

‘Always available with very good knowledge of market standards and the expectations of banks.’

‘One of the best banking teams in Warsaw with exceptional individuals.’

Principaux clients

European Bank for Reconstruction and Development


Lewandpol Holding


Polski Fundusz Rozwoju S.A.


UniCredit’s Zagrebačka Banka


Croatian Bank for Reconstruction and Development


European Bank for Reconstruction and Development


Credit Suisse Ag


Eurobank Private Bank Luxembourg Sa


Otp Banka Srbija Akcionarsko Društvo Novi Sad


Otp Bank Plc


Unicredit Bank Srbija A.D.


Zagrebačka Banka D.D.


Berlin Hyp AG


Prime Label Investment Company S.A.


Innova Capital


Bank Polska Kasa Opieki S.A.


Santander Bank Polska S.A.


European Bank for Reconstruction and Development


Energa S.A.


Orlen S.A.


Gemini Polska S.A.


mLeasing


Berlin Hyp AG


Powszechna Kasa Oszczędności Bank Polski S.A.


BIG Shopping Centers Ltd.


Principaux dossiers


  • Advising Lewandpol Holding and its subsidiary E&G on a project to build a large hybrid wind and photovoltaic farm in Poland.
  • Advising the financial institutions on financing the construction of two wind farms with a total capacity of 111MW by Finland-based Taaleri Energia and Croatian renewable energy company Encro, with a total value of €126m.
  • Advising Energa and Orlen, as the sponsors, on the project financing for the construction of a combined cycle gas power plant in Ostrołęka.

Dentons

The banking and finance team at Dentons ‘consistently provides high-quality advice’ on the entire spectrum of relevant mandates, including on real estate, energy and project financings, acquisition and corporate financings, and export financings, as well as on regulatory matters, restructuring projects, and cross-border portfolio financings. Since May 2023, Piotr Nerwiński and Bartosz Nojek have been jointly leading the local practice, while Mateusz Toczyski continues to co-head the firm’s global banking and finance group. Mark Segall is another notable name in the cross-border financing space, while counsel Tomasz Zwoliński is recommended for manufacturing and industrial-related projects.

Responsables de la pratique:

Piotr Nerwiński; Bartosz Nojek


Autres avocats clés:

Mateusz Toczyski; Mark Segall; Tomasz Zwoliński; Justyna Jamroży; Patrycja Polasz; Jakub Zienkiewicz; Paweł Długoborski; Katarzyna Mazur


Les références

‘They have a strong team so can run a couple of transactions at the same time without a bottleneck effect.’

‘Tomasz Zwoliński is a very good lawyer capable of working on really complex deals.’

‘Jakub Zienkiewicz can keep the pace even in quite tight moments.’

Principaux clients

EBRD


EIB


Santander Bank Polska


BNP Paribas Bank Polska


NORD


mBank


ING Bank


Erste Bank Group


EKF


Bank Gospodarstwa Krajowego


Helaba


Qair


GoldenPeaks Capital


HB Reavis


GIC


Principaux dossiers


  • Advised HB Reavis on obtaining financing for the development of the Varso Place mixed-use building complex in the center of Warsaw for €475m.
  • Advised Vetroelektrane Balkana, Masdar, DEG, and Tesla Wind on the €205m refinancing of the 158MW Čibuk wind farm, provided by a consortium of banks consisting of UniCredit, Credit Suisse, Eurobank and OTP Bank.
  • Advised Bank Gospodarstwa Krajowego and KUKE on a €32.37m financing extended to HiProMine for its investments in a new plant for the production of feed materials and a genetic centre for insect breeding.

DLA Piper Giziński Kycia sp.k.

DLA Piper Giziński Kycia sp.k. boasts ‘a very capable, experienced and strong team’ with well-established expertise in the financing of real estate transactions, advising both lenders and borrowers. Securitisation transactions are another core area of strength for the group, as well as restructurings, and project and export finance mandates. At the helm of the team is Mariusz Hyla, who advises both domestic and international financial institutions on real estate and asset finance mandates, as does Bartłomiej Palusiak. Katarzyna Wacławek, who was recently made up to partner, is notable in the energy sector with ‘excellent analytical skills’.

Responsables de la pratique:

Mariusz Hyla


Autres avocats clés:

Bartłomiej Palusiak; Artur Sobol; Pawel Turek; Katarzyna Wacławek; Klaudia Lorent; Klaudia Dąbrowska


Les références

‘DLA Piper has a very capable, experienced and strong team which continuously provides excellent support within challenging timelines.’

‘Katarzyna Wacławek and Klaudia Lorent are both extremely capable, responsive and professional.’

‘Klaudia Dąbrowska plays her role perfectly. She is fully involved in the day-to-day work, proactive in every important step of the transaction, always finding mutually satisfactory solutions and driving the process forward. She is always a pleasure to work with.’

Principaux clients

Alior Bank


Bank Gospodarstwa Krajowego


Bank Pekao


Berlin Hyp


BNP Paribas Bank Polska


Commerzbank


Corestate Capital Holding


Credit Agricole


Deutsche Pfandbriefbank


Elite Partners Capital


Erste Group Bank


European Bank for Reconstruction and Development


European Investment Bank


Europejski Fundusz Leasingowy


Globalworth Poland Real Estate


Hyundai Engineering Co.


ICBC


ING Bank


KGAL Investment Management


KUKE S.A.


Kuwait Financial Center


mBank


Mithra Energy S.A.


Permira


PFR


PKO Leasing


Pekao Leasing


Phoenix Insurance Company Ltd


PORR


PKO BP


Revetas


Respect Energy S.A.


Various entities of Santander


Saur


Savills Investment Management


Stena Realty


Trakcja


Vehis


Warszawskie Przedsiebiorstwo Mostowe


Principaux dossiers


  • Advising Bank Gospodarstwa Krajowego on providing financing to PGNIG S.A in the form of an overdraft facility on issuing the required consent for a merger between PKN Orlen S.A. as surviving entity and PGNIG S.A.
  • Advising PGE, as a borrower, on obtaining a new loan to be granted by the European Investment Bank as the lender, for the modernisation of PGE’s electrical grid, particularly for the purposes of connecting green energy installations, valued at $780m.
  • Advising Vehis, a portfolio company of Enterprise Investors, operating as an online sales platform offering leased cars, on its securitisation transaction of a portfolio of lease receivables.

Linklaters

Linklaters provides ‘exceptional legal support’ to borrowers, financial institutions and financial sponsors on domestic and cross-border transactions and projects. Regulatory banking mandates are also an area of expertise for the group, especially regarding risk management, banking secrecy, and outsourcing issues. Marta Domino chairs the group with substantial experience in corporate finance and restructuring mandates. Jarosław Miller, a specialist in banking and finance law, plays an active role in key matters. English-qualified solicitor Adrian Horne is lauded as ‘very experienced’, and Joanna Gawlicka often advises clients on regulatory issues.

Responsables de la pratique:

Marta Domino


Autres avocats clés:

Jarosław Miller; Adrian Horne; Joanna Gawlicka; Maciej Chęciński; Marcin Nowak; Katarzyna Lesińska


Les références

‘Availability of all members of the team, prompt feedback for any documentation-related or other questions or issues, and excellent legal support during negotiations.’

‘Toby Grimstone is sharp, straight to the point, and a tough negotiator with remarkable knowledge and experience; we felt very comfortable having Toby on our side at the negotiations table.’

‘Adrian Horne is very experienced and always available and calm, which we appreciate very much.’

Principaux clients

Tauron Polska Energia S.A.


Polski Fundusz Rozwoju S.A.


Santander Bank Polska S.A.


BNP Paribas Bank Polska S.A.


PKO Bank Polski S.A.


INA-INDUSTRIJA NAFTE


PAD RES


Investika


Celsa Huta Ostrowiec


mBank S.A.


Bank Polska Kasa Opieki S.A.


Bank Handlowy w Warszawie S.A.


Bank Millennium S.A.


Principaux dossiers


  • Advised Polski Fundusz Rozwoju S.A. on a PLN1bn subordinated loan agreement for Operator Gazociągów Przesyłowych Gaz-System S.A.
  • Advised European Bank for Reconstruction and Development on the PLN310m and €7.5m senior secured financing of a chain of convenience stores in Poland.
  • Advised Resi4Rent on a PLN613m financing for the development of a portfolio apartments located in Kraków, Wrocław, Poznań, and Gdańsk.

Norton Rose Fulbright

Advice on acquisition and asset finance, international financings, and financing involving mezzanine loans, bonds, and quasi-debt instruments all forms part of the wide-ranging offering at Norton Rose Fulbright, in addition to more traditional forms of lending, such as real estate finance, syndicated loans, and corporate lending. Notable sectors of strength for the practice include energy, infrastructure and transport. Grzegorz Dyczkowski leads the team with an impressive client roster encompassing Polish financial institutions and major multinational and domestic corporations. Marta Kawecka is recommended ‘as a really excellent banking lawyer’. In team news, Tomasz Rogalski was promoted to partner at the beginning of 2023.

Responsables de la pratique:

Grzegorz Dyczkowski


Autres avocats clés:

Tomasz Rogalski; Marta Kawecka; Jacek Smardzewski; Joanna Braciszewska-Szarapa; Igor Kondratowicz; Krzysztof Gorzelak


Les références

‘I highly recommend Marta Kawecka as a really excellent banking lawyer.’

‘Grzegorz Dyczkowski is a highly appreciated partner managing complex transactional services, and Tomasz Rogalski for his cross-functional expertise and high activity in the RES area.’

‘Tomasz Rogalski is an excellent lawyer and always keen to translate the details of the case at hand; he is able to quickly negotiate banking documentation for us and we like working with him a lot.’

Principaux clients

Accession Capital Partners


BNP Paribas Bank Polska S.A.


Bank Gospodarstwa Krajowego


Bank Millennium


Bank Polska Kasa Opieki S.A.


Bank of China


Benefit Systems S.A.


Commerzbank Group


Credit Agricole Bank Polska S.A.


Eiffel Investment Group


European Bank for Reconstruction and Development


European Investment Bank


HSBC Group


Industrial and Commercial Bank of China


ING Group


Inter Cars S.A.


LOT Polish Airlines


Macquarie Capital Principal Finance


mBank S.A.


P4 sp. z o.o.


Panattoni


PGE Polska Grupa Energetyczna S.A


PKO Bank Polski S.A.


Polski Fundusz Rozwoju S.A.


Polski Światłowód Otwarty sp. z o.o.


Raiffeisen Bank International AG


RGreen Invest


Santander Bank Polska S.A.


Societe Generale S.A. Oddział w Polsce


Sienna Private Credit


Tauron Polska Energia S.A.


Principaux dossiers


  • Advised a consortium of Polish and foreign financial institutions on a PLN10.5bn financing made available to Grupa Polsat Plus entities Cyfrowy Polsat S.A. and Polkomtel sp. z o.o., which comprises a term loan up to a maximum amount of PLN7.255bn, a term loan up to a maximum amount of €506m, and a revolving loan up to a maximum amount of PLN1bn.
  • Advised Polski Światłowód Otwarty sp. z o.o., a joint venture formed by P4 sp. z o.o. and Infravia, on a PLN5.125bn financing for the upgrade and further development of its access network in Poland.
  • Advising PGE Polska Grupa Energetyczna on a PLN2.3bn ESG financing.

Baker McKenzie Krzyzowski i Wspólnicy Sp.k.

The ‘highly qualified’ banking and finance team at Baker McKenzie Krzyzowski i Wspólnicy Sp.k. is primarily borrower oriented, and assists clients with both transactional and regulatory mandates; this offering encompasses advice on acquisition, project and real estate finance matters, corporate finance and trade finance, and financial restructuring. M&A financing specialist Marcin Iwaniszyn chairs the practice, while counsel Jerzy Bombczyński leads the firm’s financial services regulatory and investment funds arm. Both Iwaniszyn and senior associate Jerzy Rostworowski are praised for their ‘exceptional knowledge and experience in financing transactions and projects and related issues’. Jakub Czerka is another key senior associate.

Responsables de la pratique:

Marcin Iwaniszyn


Autres avocats clés:

Jerzy Rostworowski; Jakub Czerka; Sebastian Mikina; Jerzy Bombczyński


Les références

‘The lawyers from the banking and finance practice at Baker McKenzie are highly qualified and experienced in banking and finance matters. They are very responsive, business-oriented and proactive.’

‘I work with Marcin Iwaniszyn and Jerzy Rostworowski, and I appreciate their exceptional knowledge and experience in financing transactions and projects and related issues. They have a business-oriented and proactive approach and good engagement.’

‘Professional law expertise and pragmatic approach addressing clients’ needs.’

Principaux clients

Innova Capital


MidEuropa


Zabka Polska sp. z o.o.


Eurocash S.A.


Paged Group


Smyk Group


Diagnostyka S.A.


Polon-Alfa S.A.


Polski Fundusz Rozwoju S.A.


Polska Grupa Górnicza S.A.


mBank S.A.


PKO Bank Polski S.A.


Matexi Polska S.A.


Grupa Inelo S.A.


Principaux dossiers


  • Advised Eurocash S.A. on a PLN1bn facilities agreement with a club of eight financial institutions, including the EBRD.
  • Advised members of Paged Group on a comprehensive refinancing of their indebtedness by means of a PLN430m term and revolving facilities made available by a consortium of banks, including ING Bank Sląski S.A., Bank Gospodarstwa Krajowego, and Alior Bank S.A.
  • Advised Zabka Group, a CVC portfolio company, on a €75m credit facility made available by the EBRD for the purposes of financing and refinancing the costs of the construction of its new automated distribution centre, and new store equipment, along with additional various green investments.

Bird & Bird Szepietowski i wspólnicy sp. k.

At Bird & Bird Szepietowski i wspólnicy sp. k., the finance and financial regulation practice is divided into two sub-groups: one is focused on advising financial institutions on financial regulatory and fintech issues and is led by Sławomir Szepietowski, while the other is headed up by Maciej Georg and handles financing transactions, advising both lenders and borrowers on domestic and cross-border mandates, especially those regarding real estate assets. The team is also experienced in contentious matters surrounding financing. Counsel Marta Stanisławska is a key member of the team when it comes to advising financial institutions on adjusting activities to changing legal requirements.

Responsables de la pratique:

Sławomir Szepietowski; Maciej Georg


Autres avocats clés:

Marta Stanisławska; Olga Koszewska


Les références

‘I mostly cooperate with Marta Stanisławska. What I mainly appreciate is the quick feedback and the wide range of knowledge in terms of banking law.’

‘Bird & Bird is excellent in collaboration, takes the initiative and speeds up processes.’

Principaux clients

Obton A/S


Bank Polska Kasa Opieki S.A.


Bank of China (Europe) S.A.


SUNfarming Group GmbH


mBank S.A.


Kreos Capital


Nowotna Farma Wiatrowa Sp. z o.o.


Bank Gospodarstwa Krajowego


Twisto Polska Sp. z o.o.


Shares i.o.


Principaux dossiers


  • Advised Obton A/S, a Danish solar investor, on refinancing the acquisition of 49 photovoltaic farms located in south-western Poland, each with a capacity of up to 1MW.
  • Advised InPost, a Polish courier service company, on the launch of a novel solution for the e-commerce sector in Poland.
  • Advised Twisto Polska on the launch of a novel payment solution for consumers purchasing products in the e-commerce sector.

Domanski Zakrzewski Palinka

Domanski Zakrzewski Palinka ‘has great experience’ in the banking and finance arena, and the team operates from within the firm’s capital markets and financial institutions practice. Its client roster is wide ranging and includes banks and their subsidiaries, financial holdings, brokers and investment companies, as well as investment funds. The offering encompasses debt financing, project financing, and regulatory advice, as well as equity financing, restructuring, and acquisition financing, with its transactions often involving a cross-border element. The practice is jointly led by financial transactions expert Magdalena Skowrońska and Rafał Grochowski, who specialises in infrastructure debt issuance transactions. Senior associate Tomasz Kalicki has notable experience in the financing and refinancing of renewable energy projects.

Responsables de la pratique:

Magdalena Skowrońska; Rafał Grochowski


Autres avocats clés:

Tomasz Kalicki; Katarzyna Biarda; Anna Kuczewska; Katarzyna Wójcik


Les références

‘The banking and finance team at DZP is extremely professional, has great experience and does a fantastic job of coordinating multi-jurisdictional matters.’

‘We have primarily worked with Magdalena Skowrońska and Tomasz Kalicki and found both to be extremely knowledgeable, very concise and business-oriented in providing their advice and very pragmatic.’

‘Katarzyna Biarda is very knowledgeable and Magdalena Skowrońska is reliable and competent.’

Principaux clients

Wells Fargo Bank, National Association


Norddeutsche Landesbank Girozentrale


DNB Bank Polska S.A.


Bank Polska Kasa Opieki S.A.


Credit Suisse


Powszechna Kasa Oszczędności Bank Polski S.A.


Goldman Sachs Bank USA


Deutsche Bank


Cassa Depositi e Prestiti S.p.A.


Santander


City of Warsaw


EB Sustainable Funds Luxembourg S.A.


SICAV-SIF Sub-Fund 2:EB Renewable Energy Fund Europe


URBASER S.A.U.


Intensa Sanpaolo S.p.a.


Intesa Sanpaolo banking Group


NICE Group


City of Krakow


Quartz Capital Fund S.C.A. Sicav-Sif


ENGIE Zielona Energia sp. z o.o.


Persan Polska S.A.


Valvulas Arco


J&T Banka


Principaux dossiers


  • Advised German lender Norddeutsche Landesbank Girozentrale/EKF on providing financing to Polish companies from the European Energy group to develop five wind farm projects in Poland.
  • Advised DNB Bank Polska S.A. on the sale to Santander Bank Polska S.A. of a portfolio of bonds issued by public sector entities and loans granted to these entities.
  • Advised Wells Fargo Bank, National Association on a multi-jurisdictional financing project to an international group of companies headquartered in Poland.

Gide Loyrette Nouel

Gide Loyrette Nouel boasts ‘years of experience working with the banking sector’, including both borrowers and lenders. Its offering is broad ranging and encompasses cross-border finance transactions, corporate financings and real estate financings, as well as regulatory issues, leveraged and acquisition financing, and the preparation of transactional documentation. Paweł Grześkowiak sits at the helm of the practice with expertise in secured and structured finance operations. 'Excellent lawyer' Mateusz Gronau was promoted to counsel in April 2023, and Marta Karmińska made of counsel at the same time.

Responsables de la pratique:

Paweł Grześkowiak


Autres avocats clés:

Marta Karmińska; Mateusz Gronau; Paweł Wasiel


Les références

‘I have worked with Gide’s team for many years now so I can confidently share insights about their banking and finance team and their services. In my opinion, they are true professionals who, in addition to their excellent theoretical knowledge, have years of experience working with the banking sector.’

‘The lawyers I worked with were responsive and completed tasks on time. The team is well managed and pleasant to work with. I know that I can rely on them even in very complex cases that require expertise not only in Polish law, but also in the legal systems of other European countries.’

‘Mateusz Gronau is my main point of contact at Gide. I value him for his extraordinary knowledge and ability to find simple solutions to complex problems. He understands transaction nuances perfectly, as well as clients’ business needs.’

Principaux clients

Santander Bank Polska S.A.


Bank Gospodarstwa Krajowego


mLeasing


mBank S.A.


Accord 4 Sp. z o.o.


KGHM Polska Miedź S.A.


Sierra Gorda SCM


European Investment Bank


Council of Europe Development Bank


KGHM International Ltd.


Credit Agricole Bank Polska S.A.


SGI sp. z o.o.


PEKAO Leasing sp. z o.o.


ORLEN S.A.


BNP Paribas Bank Polska S.A.


UniCredit Bank Austria AG


KI Chemistry


Thales DIS Sp. z o.o.


XBS Group sp. z o.o.


Genesis Private Equity Fund IV


V4C Poland Plus Fund S.C.A SICAV-FIAR


ECE


Principaux dossiers


  • Advised KI Chemistry on the process of obtaining financing for the acquisition of shares in Ciech S.A. through a voluntary tender offer for the sale of up to approximately 48.66% of the shares in Ciech S.A.
  • Assisted ORLEN S.A. with obtaining a €500m non-recourse factoring facility from Pekao Faktoring sp. z o.o.
  • Advised PEKAO Leasing sp. z o.o. on securing a PLN300m loan from Bank Gospodarstwa Krajowego.

Greenberg Traurig Nowakowska-Zimoch Wysokinski Sp. k

Greenberg Traurig Nowakowska-Zimoch Wysokiński Sp. k‘s banking and finance offering fields Polish, English, and New York-qualified lawyers. The team is is highly adept at advising borrowers on corporate reorganisations, transformations, and other corporate law issues, and the fintech sector is a particular industry of focus. In addition, acquisition finance, bridge and mezzanine financings, real estate financings, and restructuring mandates are core areas of strength for the group. Andrzej Wysokiński leads the department and frequently advises on domestic and cross-border transactions. Paulina Kimla-Kaczorowska is also a key name and is involved in many of the firm’s key mandates.

Responsables de la pratique:

Andrzej Wysokiński


Autres avocats clés:

Lejb Fogelman; Łukasz Pawlak; Agnieszka Stankiewicz; Michał Bobrzyński; Paulina Kimla-Kaczorowska; Mateusz Koronkiewicz


Principaux clients

CBRE Investment Management


CIECH S.A.


Blackstone


ING Bank Śląski S.A.


JDR Cable Systems


TELE-FONIKA Kable S.A.


Trigea Nemovitostni Fond, Sicav, A.S.


PAK – Polska Czysta Energia sp. z o.o.


Polsat Plus Group


Peakside Capital Advisors


Value4Capital


EdgeConneX


Principaux dossiers


  • Advised EdgeConneX Group on its sustainability-linked €2.4bn portfolio financing.
  • Advised Polsat Plus Grup on an issuance of corporate bonds with a value of PLN2.67bn.
  • Advised CBRE Investment Management on financing the acquisition a 24-asset, 855,000m square metre portfolio of logistics assets in Europe from Hillwood Investment Properties for approximately €1bn.

Rymarz Zdort Maruta

At the beginning of 2023, Rymarz Zdort and Maruta Wachta merged to form Rymarz Zdort Maruta, and the resultant banking and finance team excels in assisting with acquisition finance and M&A-related deals, including those concerning mezzanine structures. The group continues to have a notable focus on the sponsor side of mandates, representing domestic and foreign companies, although it has also been increasingly acting for lenders. Energy-related work and project financing constitute additional core areas of strength. Zofia Frydrychowicz and Jakub Rachwol jointy lead the team; the former has expertise in domestic and cross-border financings and debt restructurings, while the latter ‘possesses high-level expertise’ in corporate finance mandates.

Responsables de la pratique:

Zofia Frydrychowicz; Jakub Rachwol


Autres avocats clés:

Adrian Wieslaw; Sebastian Stepinski


Les références

‘Great expertise on project finance and great capacity for handling even the most complex legal structures. Zofia Frydrychowicz is a key contact.’

‘I would indicate Jakub Rachwol as the key person responsible for banking and finance. What distinguished them from competitors is a good feeling of important matters and comprehensive management of documents and issues.’

‘Collaboration went really smoothly. The members of the team, including the leading partner, were always availaible for discussion and prompt advice. The knowledge of the team in the subject area was on an excellent level. I could always count on reliable and transparent advice.’

Principaux clients

Grupa Maspex


Orlen S.A.


Innova


Abrdn


Projekt Solartechnik


ING Bank Slaski


Bank Pekao


Bank PKO BP


mBank


Bank Gospodarstwa Krajowego


PZU S.A.


WMC


Principaux dossiers


  • Advised a consortium comprising PKO BP, BGK, mBank and PZU on an agreement on the settlement of claims related to the payment of a guarantee by way of the conversion of the debt that arose as a result of such payment into equity in Rafako S.A.
  • Advised ING Bank, as the lender, on the refinancing of Zabka’s existing financing.
  • Advised the founders of Exact System and the company itself on acquisition financing in relation to the purchase of a stake from a private equity fund exiting its investment in the company.

Soltysinski Kawecki & Szlezak

The banking and finance team at Soltysinski Kawecki & Szlezak has an emphasis on financial regulatory work, especially for clients in the fintech and payment services areas. Financial sector M&A is another key area of strength for the group, including reorganisations and acquisitions, in addition to legislative work and cross-border deals. The team is also witnessing an increasing uptake in sustainable financing. The firm’s client roster largely consists of domestic and international regulated financial institutions. Marcin Olechowski chairs the group with ‘unique insight and exceptional intelligence’.

Responsables de la pratique:

Marcin Olechowski


Autres avocats clés:

Wojciech Iwański; Mateusz Blocher


Les références

‘Wojciech Iwański and Mateusz Blocher are both aligned with a lot of experience and valuable knowledge in specific areas, and are always available to discuss new subjects.’

‘This team definitely overtakes the competition with vast knowledge and ready-to-implement practical solutions adapted to the client’s needs and capabilities. Great knowledge of the market, understanding of various perspectives and proficiency in law.’

‘Marcin Olechowski has unique insight and exceptional intelligence, and Wojciech Iwański is a great partner, always with a can-do approach. Mateusz Blocher is a fantastic professional.’

Principaux clients

Alior Bank S.A.


Stellantis NV


Commerzbank


CA Auto Bank


Goldman Sachs Bank Europe SE


The NN Group


The Korea Development Bank


Opontia


Western Union


Mastercard Europe


AllegroPay


PayPo


Merxu


Millennium Bank


PKO BP


Bank Gospodarstwa Krajowego


Biuro Informacji Kredytowej


Blue Media


China Construction Bank (Europe)


Smartney


Fundacja Rozwoju Rynku Finansowego


Principaux dossiers


  • Advising ZBP on various mandates, including PSD2 implementation in Poland, unauthorised transactions, the Ognivo interbank payment, and communication systems.
  • Advised a club of South Korean banks on financings exceeding PLN2bn for the construction of a large-scale lithium-ion battery production facility in Europe.
  • Advised EVO Payments on its acquisition by Global Payments, including representing the client when obtaining regulatory clearance before the KNF for the indirect acquisition of EVO Payments’ Polish subsidiary, eServices.

Deloitte Legal, Ostrowski, Gizicki i Wspólnicy sp.k.

Deloitte Legal, Ostrowski, Gizicki i Wspólnicy sp.k.‘s banking and finance practice is praised for its ‘extensive legal knowledge,’ and it is particularly active in financing transactions, including acquisition, asset and corporate financings, as well as multi-jurisdictional regulatory mandates for financial institutions, including internal restructurings. Another area of strength for the practice is supporting Polish financial institutions which are setting up projects in other countries, as well as foreign institutions entering the Polish market. Team lead and managing partner Tomasz Ostrowski often supports banks and borrowers, investment funds, and venture capital and private equity funds with a range of financing transactions.

Responsables de la pratique:

Tomasz Ostrowski


Autres avocats clés:

Aneta Urban; Nicholas Coddington; Mateusz Ordyk; Katarzyna Jakubiak; Michał Oleś; Mariusz Banaś; Michał Mostowik


Les références

‘Very professional, well-organised and client-oriented team. Always providing the highest level of services, efficiently navigating between banking and regulatory issues. A great advantage of the team is the ability to cooperate with demanding clients, even in difficult situations.’

‘Lawyers working at Deloitte provide the highest quality of services. They have extensive legal knowledge and, at the same time, excellent market insight. For me, a great added value was well-developed negotiation skills, which were very helpful in conversations with both clients and their legal advisors, as well as other financing institutions co-financing given projects within consortiums.’

‘Among the lawyers from the banking and finance team, I would especially like to highlight and appreciate the cooperation with Aneta Urban and Katarzyna Jakubiak.’

Principaux clients

Bank Pekao S.A.


R.Power S.A.


Bank Gospodarstwa Krajowego


Banco Santander S.A.


Santander Bank Polska S.A.


Erste Group Bank AG


Raiffeisenlandesbank Niederösterreich-Wien AG


Landesbank Hessen-Thüringen Girozentrale


Murapol S.A.


Respect Energy S.A.


mBank S.A.


Powszechna Kasa Oszczędności Bank Polski S.A.


FoodWell sp. z o.o.


Krajowa Izba Rozliczeniowa S.A.


Polski Standard Płatności


Caterpillar Financial Services Poland sp. z o. o.


BMW Financial Services sp. z o.o.


Principaux dossiers


  • Advising Bank Polska Kasa Opieki S.A., as mandated lead arranger, lender, and security agent, on a PLN550m revolving credit facility made available by BNP Paribas Bank Polska S.A. and Bank Polska Kasa Opieki S.A. to Diagnostyka S.A. for the financing of acquisitions and the general corporate purposes of the group.
  • Advised Telemond sp. z o.o. Group on the financing granted by the lenders, BNP Paribas Bank Polska S.A., ING Bank Śląski S.A. and Santander Bank Polska S.A., to Telemond sp. z o.o. Group for the acquisition of the shares in Telemond Holding NV, financing of the group’s corporate purposes and refinancing of existing financial indebtedness.
  • Advised Banco Santander S.A., Santander Bank Polska S.A. and Powszechna Kasa Oszczędności Bank Polski S.A. on the granting of €50m ECE secured export financing to Persan Polska S.A.

Hogan Lovells (Warszawa) LLP

Securitisation expert Piotr Zawiślak leads the banking and debt capital markets group at Hogan Lovells (Warszawa) LLP. The team's client roster includes banks, lenders, credit enhancers, sponsors and borrowers. The team’s offering is wide ranging, extending from bilateral facilities to complex syndicated financings, and the group has notable strengths in the real estate and infrastructure sectors.

Responsables de la pratique:

Piotr Zawiślak


Principaux clients

mBank S.A.


Citibank N.A.


BNP Paribas Group


Norddeutsche Landesbank Hypothekenbank


Deutsche Hypothekenbank


Santander Bank Polska S.A.


Standard Chartered Bank


Berlin Hyp AG


Bank Millennium S.A.


Oriens private equity fund


Citigroup Global Markets Limited


ING Bank N.V.


Principaux dossiers


  • Advising Bank Millennium S.A. on the establishment of a long-term bancassurance cooperation, as well as on the conclusion of an agreement to sell 80% of its shares in Millennium Financial Services sp. z o.o. to Towarzystwo Ubezpieczeń na Życie Europa S.A. and Towarzystwo Ubezpieczeń Europa S.A.
  • Advising Norddeutsche Landesbank and Deutsche Hypo on their merger and integration process.
  • Advising Oriens, a private equity fund, on the acquisition of 100% of the shares in Transystem S.A.

Schoenherr Halwa sp.k.

Schoenherr Halwa sp.k. has ‘deep knowledge of banking and financial law’, and is adept at advising clients on project finance, structured finance, real estate finance, and acquisition finance transactions. Sectors of strength for the practice include food, retail, manufacturing, and new technologies. With expertise in restructuring mandates, Paweł Halwa leads the team, and is ably supported by Weronika Kapica and counsel Marcin Antczak. The beginning of 2024 marked a period of significant growth for the firm, which onboarded a number of banking and finance specialists from SSW, most notably Szymon Okoń, Ilona Fedurek and Tomasz Kwaśniewski.

Responsables de la pratique:

Paweł Halwa


Autres avocats clés:

Weronika Kapica; Aleksandra Goławska; Marcin Antczak; Szymon Okoń; Ilona Fedurek; Tomasz Kwaśniewski


Les références

‘The team has a very good understanding of legal issues surrounding finance projects.’

‘What is important is that the project is always well managed. The team is not project focussed, but rather goal oriented, which makes the negotiation process more smooth.’

‘The team, and in particular Weronika Kapica, not only has a deep knowledge of banking and financial law, but also has great project management skills.’

Principaux clients

GLAS Americas LLC


SSW

With a focus on the energy sector, SSW predominantly advises leading Polish banks and international financial institutions. Project finance is an area of expertise for Wojciech Szczepaniak, a key senior contact in the team. Piotr Bartoś is another name to note.

Autres avocats clés:

Wojciech Szczepaniak; Piotr Bartoś


Les références

‘People and the team are always available and open for discussion.’

‘Very good knowledge.’

‘Good people and their approach is notable.’

Principaux clients

mBank S.A.


AION Bank S.A.


Stelmet S.A.


Alior Bank S.A.


Mediacap S.A.


Krynica Vitamin S.A.


Bioeton Group


Nextline


Boryszew S.A.


Europa Systems SPV


Rank Progress S.A.


Paged S.A.


Vantage Development S.A.


Netmedia S.A.


Investments Funds managed by Credit Value Investments


VOX capital group


Santander Bank Polska S.A.


wpd europe


Bank Polska Kasa Opieki S.A.


Bank Gospodarstwa Krajowego


Powszechna Kasa Oszczędności Bank Polski S.A.


Cavatina


Fasing S.A.


Anwim S.A.


Haitong Bank


CSG S.A.


Next Energy Capital


Better Energy A/S


Expeditions


Master Pharm


Eco Raven sp. Z o.o.


Better Energy Impact International A/S


Eco Wipes sp. z o.o.


EPP – Retail Marcelin sp. z o.o.


Bank Ochrony Środowiska


Principaux dossiers


  • Advising a consortium of banks on financing for producers of packaging to refinance the borrowers’ existing debt and to finance a share buy-back transaction for voluntary redemption.
  • Advising a client on an export contract financing transaction related to the Ro-Pax ferry project.
  • Advising Aion Bank on the limitation of scope of services offered to Polish clients in connection with the bank’s transition to a BaaS business model.

Taylor Wessing Poland

The ‘outstanding’ Zbigniew Korba leads the banking and finance group at Taylor Wessing Poland, which provides lenders and borrowers with transactional support, and financial institutions with regulatory advice, including on restructuring strategies. Łukasz Szymański is another key name, and oversees the regulatory side of the practice. Counsel Michał Kulig joined the team from Wolf Theiss in May 2023 with a focus on commercial real estate finance, while counsel Marta Gocał departed the firm in February 2023 for an in-house position.

Responsables de la pratique:

Zbigniew Korba


Autres avocats clés:

Łukasz Szymański; Antoni Goraj; Marta Gocał; Paweł Skura; Michał Kulig


Les références

‘Good communication, excellent analytical skills, and strong knowledge of the law.’

‘Łukasz Szymański is dutiful, flexible and helpful.’

Łukasz Szymański and Zbigniew Korba created a strong team of lawyers. Their practice is focused on the needs of the client, close collaboration, and a flexible approach.’

Principaux clients

Bank Pekao S.A.


CentralNic Group Plc


VeloBank S.A.


TFI PZU S.A.


Landesbank Baden-Württemberg


IFIS Finance sp. z o.o.


PKO Bank Polski S.A.


Raiffeisen Bank International AG


Santander Bank Polska S.A.


Alior Bank S.A.


ING Bank Śląski S.A.


ING Lease (Polska) sp. z o.o.


PZU S.A., PZU Życie S.A.


TFI PFR S.A.


Bank Gospodarstwa Krajowego


mBank Hipoteczny S.A.


Opal CF sp. z o.o.


Mercedes-Benz Bank Polska S.A.


Banca IFIS S.p.A.


Claret Capital Partners


Principaux dossiers


  • Advised a consortium of eight lenders on the refinancing of Jastrzębska Spółka Węglowa S.A. in a sustainability-linked loan of PLN1.65bn.
  • Advised Raiffeisen Bank International on the sale of Ferio Legnica shopping centre and related financing to Focus Estate Fund.
  • Advised a major bank on the implementation of EBA Guidelines and on the role and responsibilities of the AML/CFT compliance officer.

Wardynski & Partners

Wardynski & Partners‘ banking and finance team ‘regularly advises on top-notch, cross-border transactions’. The group’s offering is strongly geared towards structured finance transactions, energy transition finance projects, and complex debt restructuring deals. Another strong area of expertise for the team is direct lending, and its client roster includes sellers, arrangers and purchasers, as well as investors and finance providers. Key names of note include finance transaction expert Łukasz Szegda, fintech and new technologies specialist Krzysztof Wojdyło, and Daniel Smarduch, who focuses on securitisation mandates.

Responsables de la pratique:

Łukasz Szegda; Daniel Smarduch; Krzysztof Wojdyło


Autres avocats clés:

Dagmara Michalska; Mateusz Tusznio; Stefan Feliniak


Les références

‘The whole process was well organised by the company, as we had one point of contact that coordinated all the activities. High level of legal knowledge and business practice, accompanied by attitude to find solutions rather than generate problems.’

‘Well-coordinated and effective team that prioritises client service and sensible, commercially-minded advice.’

‘Mateusz Tusznio stands out for practical and sensible advice rooted in reality.’

Principaux clients

Santander Bank Polska


Bank Gospodarstwa Krajowego


ING Bank Śląski S.A.


SUSI Partners


Kartesia


Mitiska


Immobel


Bank Pekao


Lords LB Asset Management


Elavon


Asbud


Bank Ochrony Środowiska


CANPACK


Principaux dossiers


  • Advising Goldman Sachs Asset Management Private Credit and Citi Bank, N.A., London Branch on financing provided to Vehis, a Polish car leasing business, as part of a warehouse facility and securitisation programme of PLN1.3bn.
  • Advising CANPACK Group, a major global provider of packaging solutions, on two related ABL financing transactions; a $400m asset-based revolving credit facility with an international consortium of major banks led by Wells Fargo acting as agent, and a €100m asset-based revolving credit facility with a consortium of major Polish banks.
  • Advising Kartesia Management on its financing package to support MidEuropa Partners in its acquisition of a majority stake in Optegra Eye Health Care, a European ophthalmology platform operating in Poland, the Czech Republic, Slovakia, and the UK.

WKB Lawyers

At the beginning of 2023, WKB Lawyers‘ banking, debt capital markets, and financial regulations teams were merged into one practice; the strengthened group is now well placed to handle an even wider range of mandates, from multi-jurisdictional restructurings and high-yield bond issuance, to large-scale project, energy and real estate financings, to matters affecting the payments service industry. Securitisation and non-performing loans also fall within the group’s advisory work. Since previous practice head Marcin Smolarek left the firm in December 2022, Agata Szczepańczyk-Piwek has taken over leadership of the team, and she is praised as ‘one of the best banking lawyers in CEE’.

Responsables de la pratique:

Agata Szczepańczyk-Piwek


Autres avocats clés:

Michał Kalicki; Augustyn Wróbel


Les références

‘Good team with good understanding of business.’

‘The biggest strength of WKB is its people.’

‘WKB lawyers are always in line with all our requirements. They keep the agreed time schedule and most of all they have an outstanding sense of business.’

Principaux clients

Accolade Group


Bank Polska Kasa Opieki S.A.


Panattoni Europe


BNP Paribas Bank Polska S.A.


mBank Group


Alior Bank


Societe Generale


Polish Development Fund


Miejskie Przedsiębiorstwo Wodociągów i Kanalizacji


Principaux dossiers


  • Assisted Accolade Group and its SPVs with the process of obtaining financings from major Polish banks for logistics centres in Białystok, Bydgoszcz, Gorzow, Elbląg, Jelenia Góra, Legnica, Konin, Koszalin, Piła and Szczecin.
  • Advised Bank Polska Kasa Opieki S.A. on several financings of logistics centre developments by Panattoni Group.
  • Advised mBank and mBank Hipoteczny on financings in the form of mortgage-covered bonds.

Wolf Theiss

The banking and finance team at Wolf Theiss specialises in real estate financing projects. Additionally, restructuring and insolvency proceedings are strengths of Joanna Gąsowski, while counsel Adrian Krzyżanowski bolsters the team’s project finance capabilities, especially regarding renewable energy projects. Polish, German, and Austrian banks fall within the firm’s client roster, as well as international investors. Przemek Kozdój chairs the group. Michał Kulig  departed for Taylor Wessing Poland in April 2023.

Responsables de la pratique:

Przemek Kozdój


Autres avocats clés:

Joanna Gąsowski; Adrian Krzyżanowski


Les références

‘They perform their roles perfectly. Joanna Gąsowski is totally engaged in day-to-day work, and Przemek Kozdój is proactive on each material step in the transaction, finding always solutions satisfactory to both parties and pushing the process forward. Working with them is always a pleasure.’

‘The team acts in a competent manner and with a great understanding of the client’s needs. Importantly, it seeks constructive solutions and is focused on hard work and getting the negotiations and documentation signed as soon as possible. We value cooperation with them in this field.’

‘From among the firm’s lawyers, Przemek Kozdój deserves a mention. He is of high substantive knowledge, and he understands the business of his clients well and responds quickly to the needs of the client. He conducts negotiation processes with banks very well. We recommend cooperation with Przemek Kozdój and the Wolf Theiss law firm in the area of banking.’

Principaux clients

PKO Bank Polski


Norddeutsche Landesbank-Girozentrale


ING Bank


MOUNT Finansowania Przedsiębiorstw FIZAN


Berlin Hyp


Hilding Anders


Panattoni


Erste Group Bank


DZ Hyp


Banco Santander


Santander Bank Polska


Principaux dossiers


  • Advising a client on the refinancing of a shopping mall in Szczecin, including drafting and negotiating the facility agreement as well as preparing a set of security documents.
  • Advised Erste Group Bank on the €36m financing granted to BaseCamp, a European student accommodation and hotel developer, to refinance its student housing project in Wroclaw.
  • Advising Panattoni on financing and refinancing projects worth over €450m for industrial warehouses in Poland, including significant transactions with Powszechna Kasa Oszczędności Bank Polski and other major Polish banks.

DWF Poland Jamka Sp.k

DWF Poland Jamka Sp.k divides its work between transactional and regulatory mandates, advising a wide range of clients, including Polish and international banks, investment funds, assets management companies and borrowers, among others. Tomasz Kaczmarek oversees the transactional banking arm, in addition to acting as co-head of the firm’s wider European banking and finance group, while Radosław Cebeliński leads the banking, finance and insolvency litigation team. In September 2022, senior associate Marta Piotrkowicz joined from DLA Piper Giziński Kycia sp.k. In further team news, Michał Miąskiewicz joined from Eversheds Sutherland Poland after publication.

Responsables de la pratique:

Tomasz Kaczmarek; Radosław Cebeliński


Autres avocats clés:

Edyta Rękawek; Marta Piotrkowicz; Michał Miąskiewicz


Les références

‘The DWF team is extremely responsive and available to meet at short notice. Their advice is always pragmatic and commercial.’

‘We have worked with Tomasz Kaczmarek and find his advice to always be practical and effective.’

‘Great business approach to transactions and flexibility.’

Principaux clients

Columbus Energy S.A.


Dobra Energia dla Olsztyna sp. z o.o.


DNB Bank ASA


Fortaco sp. z o.o.


Fortaco JL sp. z o.o.


Fortaco Oy


Bank Ochrony Środowiska S.A.


Enter Air S.A and Enter Air sp. z o.o.


Uriel Inversiones S.A.


Uriel Renovables S.A.


Biały Bór Farma Wiatrowa sp. z o.o.


DK Farma Wiatrowa sp.z o.o.


Ibereolica sp.z o.o.


mBank S.A.


GreenVolt


PKO BP S.A.


CVI Dom Maklerski S.A.


DNB Bank Polska S.A.


Zeitgeist Asset Management sp. z o.o.


Hilderstone sp. z o.o.


Alfreton sp. z o.o.


Hockley sp. z o.o.


Otley sp. z o.o.


Kexby sp. z o.o.


Nascio sp. z o.o.


Ravensden sp. z o.o.


Raiffeisen Bank International AG


Deutsche Bank Polska S.A.


Getin Noble Bank


Sportfive Poland sp. z o.o.


Principaux dossiers


  • Advised DNB Bank ASA and mBank S.A. on financing a portfolio of three wind farm projects.
  • Advised Fortaco and Nordic Trustee & Agency AB on the acquisition financing of Fortaco Group.
  • Advised Karimpol Group on the refinancing of the Skyliner office building in Poland.

PwC Legal Zelaznicki sp.k.

The banking and finance group at PwC Legal Zelaznicki sp.k. has notable expertise in regulatory mandates, especially regarding the implementation of EU law, and ESG and AML-related matters. The team frequently provides Polish banks and international financial institutions with advice on their operations in Poland. Aleksandra Bańkowska sits at the helm of the practice, and her workload encompasses assistance with establishing banks, transforming banks into branches of credit institutions, M&A transactions involving banks, and proceedings before the Polish Financial Supervision Authority.

Responsables de la pratique:

Aleksandra Bańkowska


Autres avocats clés:

Łukasz Łyczko; Konrad Frąckowiak


Principaux clients

Bank BPH S.A.


Nest Bank S.A.


FinTech Poland Foundation


Związek Banków Polskich


Izba Zarządzających Funduszami i Aktywami


Ministerstwo Rozwoju i Technologii


Principaux dossiers


  • Representing Bank BPH S.A. in a process of mass negotiation of settlements with clients holding foreign currency loans.
  • Advised Nest Bank S.A. on the regulatory part of the implementation of its cloud computing technology.
  • Advising Polish Banking Association on the implementation of various regulations.

Squire Patton Boggs Krześniak sp.k.

Squire Patton Boggs Krześniak sp.k. counts financial institutions, investors, suppliers and customers, as well as regulatory authorities, within its broad client roster. A key area of activity for the firm is acting as local counsel for internationally-financed business operations in cases where a Polish subsidiary is involved. Acquisition, asset-based and real estate financings also make up a large proportion of the team’s mandates, with an increasing focus on working for the borrower. Małgorzata Olech spearheads the practice. Michał Smolny departed for Eversheds Sutherland Poland in December 2022.

Responsables de la pratique:

Małgorzata Olech


Principaux clients

Interhealth Canada Limited


Enerco


Invenergy


PZU


KAEFER Isoliertechnik GmbH & Co. Kommanditgesellschaft


Ligentia Group


Principaux dossiers


  • Advised Ligentia Group on negotiating financing for the acquisition of 100% of the shares in VGL Solid Group, a major Polish logistics and freight forwarding specialist.

White & Case M. Studniarek i Wspólnicy - Kancelaria Prawna sp.k.

At White & Case M. Studniarek i Wspólnicy - Kancelaria Prawna sp.k., large commercial banks are counted among the firm's key clients, and it assists them with Polish and international banking matters. The group’s offering is wide ranging, and includes advice on acquisition finance, asset-based lending, and financial restructuring and insolvency matters. Project and infrastructure finance, real estate finance, structured finance and derivatives, as well as sustainable finance projects, are also strong capabilities of the practice. At the helm of the practice, Grzegorz Abram has expertise in debt financing transactions.

Responsables de la pratique:

Grzegorz Abram


Autres avocats clés:

Paweł Zagórski; Joanna Misztal-Dzitko; Roksana Kałużna-Bałazy; Marlena Skowrońska; Mateusz Dyduch


Les références

‘The team has extensive experience and knowledge. They can easily guide clients through the most complex transaction structures and clearly explain the advantages and disadvantages of a particular solution. They have a personalised approach to clients and are highly responsive, which is essential when working on transactions with tight deadlines.’

‘Grzegorz Abram, head of the practice, has extensive knowledge and experience, as well as exceptional negotiation skills, which enable him to provide the client with great comfort and support during the transaction.’

‘Marlena Skowrońska is extremely responsive and always meets agreed deadlines.’

Principaux clients

Bank Gospodarstwa Krajowego


Bank Handlowy w Warszawie S.A.


DNB Bank ASA


BNP Paribas Bank Polska S.A.


Credit Agricole Bank Polska S.A.


Alior Bank S.A.


Bank Ochrony Środowiska S.A.


Bank Pekao S.A.


Barclays Bank PLC


BNP Paribas Bank Polska S.A.


Cerrad Group


CTP Invest, spol. s r. o.


Develia S.A.


EOS Poland sp. z o.o.


Fasanara Capital


Generali Real Estate


GLP


Grupa Pracuj S.A.


Jastrzębska Spółka Węglowa S.A.


Jastrzębskie Zakłady Remontowe sp. z o.o.


JSW Koks S.A.


Louvre Hotels Group


mBank S.A.


Orlen S.A.


Polski Fundusz Rozwoju


Powszechna Kasa Oszczędności Bank Polski S.A.


Przedsiębiorstwo Państwowe


PZU S.A.


R.Power S.A.


Principaux dossiers


  • Advised Jastrzębska Spółka Węglowa S.A. on a PLN1.65bn financing under the sustainability-linked loan formula.
  • Advised a consortium of financial institutions on financing of up to PLN1.57bn granted to Emitel S.A.
  • Advised PKO BP S.A. on an unsecured and subordinated Tier 2 bonds issue with a total nominal value of PLN2bn governed by Polish law.

Czabanski Galuszynski & Partners

Czabanski Galuszynski & Partners has extensive experience advising banks and borrowers on domestic and cross-border financing mandates; these include real estate financings, structured financings, acquisitions, and investment project financings. Restructuring proceedings are another area of strength for the group. Recently, technology-related matters, such as those relating to mobile payments, bitcoin, blockchain, crowdfunding, and electronic banking, have become an increasing focus. The team is led by Jacek Czabański and Piotr Gałuszyński.

Responsables de la pratique:

Jacek Czabański; Piotr Gałuszyński


Autres avocats clés:

Adam Janczewski


Les références

‘Piotr Gałuszyński and Adam Janczewski have good understanding of the financing process, good communication skills, professional approach, and are quick to act.’

‘Czabanski & Gałuszyński’s professionalism, expertise and dedication to their client was really impressive. They brought knowledge and composure to the negotiations, which has often had a positive impact on the process.’

‘Piotr Gałuszyński is a very creative lawyer, open to customised solutions and ideas. Very high work ethic and personal culture.’

Principaux clients

Crescent Capital Group


Hipromine S.A.


NordLB


VeloBank S.A.


Aion S.A


CITI Bank Handlowy w Warszawie S.A.


Fried, Frank, Harris, Shriver & Jacobson LLP


Aion Bank SA/NV


Mannheimer Swartling Advokatbyraa AB


ReedSmith


Taylor Wessing Partnerschaftgesellschaft mbB


Principaux dossiers


  • Advised a consortium of banks led by NordLB on the Polish aspects of the German law LMA-standard financing for Gubor group.
  • Advised Siegenia-Aubi KG on guaranteeing a syndicated loan provided by Commerzbank AG, Sparkasse Siegen, UniCredit Bank AG and Deutsche Bank Luxembourg S.A.
  • Advised HIPROMINE on obtaining financing, structuring the transaction, and negotiating an LMA loan agreement and collateral package.

EY Law

EY Law provides large Polish banks with regulatory advice, as well as support with CHF mortgage loans and representation in mediation proceedings. The team is also regularly approached by foreign entities seeking regulatory and legal advice on Polish and EU regulations within the banking sector. Managing partner Zuzanna Zakrzewska sits at the helm of the department, and is ably supported by counsel Ewa Gajda-Kozłowska.

Responsables de la pratique:

Zuzanna Zakrzewska


Autres avocats clés:

Ewa Gajda-Kozłowska


Les références

‘The corporate and finance team of EY law is a group of brilliant professionals who are business oriented and adaptive to clients’ needs.’

‘Zuzanna Zakrzewska is an outstanding attorney with not only extensive legal knowledge but great client relations and communication skills.’

Principaux clients

PKO BP S.A.


Raiffeisen Bank International AG (Spółka Akcyjna) Oddział w Polsce


Bank BPH S.A.


Bank Pekao S.A.


PZU S.A.


Nordea Bank Abp SA Oddział w Polsce


Principaux dossiers


  • Represented PKO BP S.A. in a mass CHF mediation process.
  • Assisted Raiffeisen Bank International AG (Spółka Akcyjna) Oddział w Polsce CHF with the analysis of its mortgage portfolio and proposed a redefinition to the existing approach to CHF mortgage handling processes.
  • Assisted Bank BPH S.A. with the analysis of issues related to the BMR Regulation and CHF loans.

ftl

ftl ‘has an extremely experienced and capable team with years of experience in the field of the most complex banking and fintech projects‘. Polish, English, and Spanish-speaking lawyer Konrad Stolarski and payment services law expert Zbigniew Długosz co-head the financial services practice, with particular expertise in the regulatory aspects of fintech and new technologies. The team’s mandates often involve a cross-border element, and it also has experience in representing clients before the Polish Financial Supervisory Authority.

Responsables de la pratique:

Konrad Stolarski; Zbigniew Długosz


Autres avocats clés:

Magdalena Bodzioch; Marcelina Szwed-Ziemichód


Les références

‘The firm has an extremely experienced and capable team with years of experience in the field of the most complex banking and fintech projects. The partners are also engaged in all work directly and actively participate in the assignments.’

‘It is one of the few law firms in Poland which has been able to successfully go through licensing projects before the Polish financial regulators in the last years.’

‘The two individuals that stand out the most are the partners Zbigniew Długosz and Konrad Stolarski. They have been in the market for a really long time and know the ins and outs of the Polish banking landscape.’

Principaux clients

Euronet 360 Finance Limited


InFakt Sp. z o.o.


Smartney Sp. z o.o.


Conotoxia Sp. z o.o.


Polish Banks’ Association


FinTech Poland Foundation


Volt Technologies Sp. z o.o.


Shoper S.A.


Bank Polskiej Spółdzielczości


Principaux dossiers


  • Advised a major Polish payment service provider on onboarding and AML proceedings for virtual assets service providers to work with the client.
  • Represented Monetia successfully in proceedings before the Polish Financial Supervisory Authority aimed at extension of the client’s payment institution license additionally with five new payment services.
  • Advising the Polish Banks’ Association on issues concerning AI in banking.

Kochanski & Partners

Kochanski & Partners is adept at handling financings at the pre-term sheet stage, as well as drafting and negotiating loan agreements regarding real estate financings, acquisition financings, refinancings and restructurings, corporate financings, and securitisations. Regulatory matters are also part of the group’s offering, including bank outsourcing and banking secrecy issues. Jan Ziomek leads the team, and also acts as chair of the firm’s fintech group, having joined the team in September 2023 from the Office of the Polish Financial Supervision Authority.

Responsables de la pratique:

Jan Ziomek


Autres avocats clés:

Andrzej Pałys; Weronika Magdziak-Śliwa; Maciej Kuranc


Les références

‘The law firm, thanks to its extensive knowledge, experience, and exceptionally wide range of specialisations, covers an above-standard business area for such firms.’

‘It possesses the ability to perform detailed work and also has the necessary comprehensive approach required for large clients, taking into account the client’s position and strategy. Compared to other law firms, this company has an exceptionally quick and effective response time.’

‘The number and legal specialisation of lawyers in the team is good for carrying out tasks in accordance with expectations and within deadlines.’

Principaux clients

State Street Bank & Trust


Bank Millennium S.A


Universal Fibers Inc.


Bank PKO BP S.A.


Bank BPH


Polish Bank Association


ERGO Hestia


mBank S.A.


Bank Pocztowy S.A


Remigo


Pagra


Principaux dossiers


  • Advising a client on the acquisition of the Brown Brothers Harriman & Co.’s Investor Services business, including its custody, accounting, fund administration, global markets and technology services.
  • Advising Universal Fibers, Inc. and its subsidiaries on the Polish law aspects of a $250m facility agreement, with TCW Asset Management Company LLC acting as administrative agent and security agent of the lenders.
  • Advising the Japan Bank for International Cooperation, a policy-based financial institution, on securing BGK’s Samurai bond issue in Japan, secured by a guarantee from the State Treasury and an additional guarantee from JBIC.

Penteris

Penteris advises both lenders and borrowers on transactional and regulatory mandates. Real estate acquisition, and project financing are key pillars of the practice. Refinancings are another core area of strength. At the helm of the department, Katarzyna Sawa-Rybaczek has substantial expertise in the financing aspects of real estate transactions.

Responsables de la pratique:

Katarzyna Sawa-Rybaczek


Principaux clients

Apollo-Ridale


ING Bank


Santander Bank


Octava Property Trust


Principaux dossiers


  • Advised ING Bank on financing issues relating to the acquisition of the office complex Project Fuzja located in Łódź by KGAL Fund.
  • Advised Octava Property Trust on the refinancing by Santander Bank of five office assets in Warsaw, as well as a separate refinancing by the same bank of four office assets in Warsaw, Wrocław, Poznań and Gdynia.
  • Advised Apollo-Rida on the financing and acquisition of a notable property in Kraków.

Radzikowski, Szubielska i Wspólnicy sp. j.

Radzikowski, Szubielska i Wspólnicy sp. j. has ‘years of experience on the market’. The practice assists borrowers and lenders with real estate financing mandates, especially regarding residential properties, as well as restructuring projects. Notable senior members of the team include Martyna Kamińska-Tabaka, Agnieszka Piasecka and Zbigniew Skórczyński.

Responsables de la pratique:

Martyna Kamińska-Tabaka; Agnieszka Piasecka; Zbigniew Skórczyński


Autres avocats clés:

Martyna Dyga-Mróz


Les références

‘Great cooperation, responsive and flexible approach, understanding the business as well as risks connected to the specific transactions.’

‘One lawyer dedicated to one transaction, knowing all the documentation and the whole transaction, with details.’

‘They can listen, understand banks’ needs and propose innovative solutions to complicated problems. They work fast.’

Traple Konarski Podrecki & Partners

Fintech law expert Jan Byrski leads the financial institutions and payment services team at Traple Konarski Podrecki & Partners, which has a strong focus on financial sector entities, such as banks, payment institutions, credit institutions, and insurance undertakings, as well as technology providers. The team regularly represents clients in proceedings before the Polish Financial Supervision Authority. In team news, Michał Synowiec was recently promoted to counsel.

Responsables de la pratique:

Jan Byrski


Autres avocats clés:

Karol Juraszczyk; Michał Synowiec; Mateusz Jagodziński


Les références

‘Jan Byrski is a very pleasant contact who, in addition to his legal knowledge, also keeps an eye on the business challenges of his clients. He is extremely well connected throughout the region.’

‘We would like to make a special mention of Jan Byrski’s team, who have supported us for some time with exemplary commitment and very good work results.’

‘The TKP law firm combines knowledge not only from the financial sector, but also advises provides consultations in the field of creating regulations, both statutory and soft law. The ability to create interdisciplinary teams necessary for our service is important.

Principaux clients

Związek Przedsiębiorstw Finansowych w Polsce


Polska Izba Informatyki i Telekomunikacji


Polska Organizacja Handlu i Dystrybucji


Andersen in Poland

The beginning of 2023 saw considerable team growth at Andersen in Poland, with the addition of an entire team from FKA Furtek Komosa Aleksandrowicz following the merger of the two firms; Mariusz Aleksandrowicz, Tadeusz Komosa, and counsel Agnieszka Skrok all joined as a result of this development. Leszek Rydzewski and Piotr Krupa now jointly head up the strengthened team alongside Aleksandrowicz. The firm is instructed by a range of banks and other financial institutions to act on contentious and non-contentious mandates alike.

Responsables de la pratique:

Mariusz Aleksandrowicz; Leszek Rydzewski; Piotr Krupa


Autres avocats clés:

Agnieszka Skrok; Katarzyna de Rosset; Tadeusz Komosa; Aleksandra Metych


Principaux clients

mBank


Group of ad hoc group lenders of Cineworld Group represented by Barclays Bank PLC


WPM Mosty


Swiatlowod Inwestycje


BNP Paribas Bank Polska S.A.


Bank Millennium S.A.


Principaux dossiers


  • Advised a group of ad hoc group lenders of Cineworld Group, represented by Barclays Bank PLC, on the Polish security aspects and local arrangements related to the Cineworld Group and its corporate and debt restructuring.
  • Advising the corporate client restructuring department of mBank on day-to-day legal matters, including the general civil law and banking law aspects of contracts and the indebtedness of business customers of mBank.

BSJP bnt Brockhuis Jurczak Prusak Sroka Nilsson Zamorska Sp.k.

The banking, finance and restructuring department at BSJP bnt Brockhuis Jurczak Prusak Sroka Nilsson Zamorska Sp.k. focuses on acquisition, asset, and project financings, including real estate financing, debt refinancing, and the financial restructuring of companies. It is especially notable for its skill in advising German banks, and Polish banks with links to Germany. Katarzyna Domańska-Mołdawa and Jörn Brockhuis jointly lead the team from Warsaw and Gdańsk, respectively.

Responsables de la pratique:

Katarzyna Domańska-Mołdawa; Jörn Brockhuis


Principaux dossiers


  • Advised a German bank on funding for a €117m cross-border acquisition of more than 100 supermarkets across Poland.
  • Advised a German bank on the €158m refinancing of a package cross-border real estate acquisition.
  • Advised a Danish green energy developer on funding for a €100m wind power plant project in Poland.

Eversheds Sutherland Poland

Eversheds Sutherland Poland is well versed in advising borrowers and lenders on the financial and regulatory requirements surrounding infrastructure projects; this offering includes advice on the financing aspects of energy, municipal transport, and water and sewer systems projects, as well as the construction of motorways and real estate projects. Following the departure of Michał Markowski to Osborne Clarke in August 2022, Mateusz Dereszyński joined the firm in December 2022 from Hogan Lovells (Warszawa) LLP to lead the banking and finance group.

Responsables de la pratique:

Mateusz Dereszyński


Les références

‘Experienced team.’

‘High engagement.’

‘Eversheds Sutherland think out of the box and go the extra mile to find the best solutions for their clients.’

Principaux clients

Alior Bank


mBank


BNP Paribas Bank Polska


Bayerische Landesbank


Siemens Bank GmbH


Provident Polska


International Personal Finance


Bank Ochrony Środowiska S.A.


Sequoia Economic Infrastructure Income Fund Limited


Kancelaria Prawna Kycia Radcowie Prawni Spolka Partnership

Kancelaria Prawna Kycia Radcowie Prawni Spolka Partnership is predominately instructed by banks, as well as major real estate investors. Its offering encompasses advice on various financings, including real estate finance, acquisition finance, and energy finance. Anna Kycia and Grzegorz Kycia jointly lead the team; the latter is praised by one client as ‘a go-to practitioner for financing transactions’.

Responsables de la pratique:

Anna Kycia; Grzegorz Kycia


Les références

‘Excellent cooperation and full commitment of all team members.’

‘Grzegorz Kycia is absolutely a go-to practitioner for financing transactions. Quick, diligent, extremely experienced and with a rare ability to meet each deadline.’

‘Grzegorz Kycia has full commitment, extensive knowledge and experience, and an ability to solve complex problems.’

Principaux clients

CPI Property Group


White Star Real Estate


Bank Polska Kasa Opieki


mBank


Powszechna Kasa Oszczędności Bank Polski


Santander Bank Polska


BNP Paribas Bank Polska


Bank Gospodarstwa Krajowego


Principaux dossiers


  • Advised CPI Property Group portfolio companies on a refinancing of Polish assets.
  • Advised mBank, Bank Pekao, and Bank PKO BP on the PLN125m financing of a PV project for Polenergia Group.
  • Advised mBank on financing of over PLN100m for Kom-Eko Group, a major waste management company operating in Eastern Poland.

Osborne Clarke

Osborne Clarke‘s banking and finance practice offers clients transactional and regulatory advice, especially surrounding real estate and energy project finance mandates. The firm's instructions often incorporate cross-border elements. Michał Markowski sits at the helm of the department, and he is ably supported by counsel Augustyn Wróbel, who joined the team in May 2023 from WKB Lawyers.

Responsables de la pratique:

Michał Markowski


Autres avocats clés:

Augustyn Wróbel; Karolina Turko


Principaux clients

mBank S.A.


Soonly Finance sp. z o.o.


Principaux dossiers


  • Advised mBank S.A. on granting an investment facility of €11.3m for CD Locum.
  • Advised mBank S.A. on granting a facility of PLN124.6m towards a mixed-use development project.
  • Advised mBank S.A. on granting a facility of €3.96m towards a hotel purchase project.

Noerr

Noerr handles international financing projects for international companies, banks, and financial institutions. Senior names of note include Paweł Żelich, who was recently promoted to supervising partner of the practice; Paweł Hoc, who joined from Squire Patton Boggs Krześniak sp.k. in April 2022; and Paweł Samolewicz, who joined from Baker McKenzie Krzyzowski i Wspólnicy Sp.k. in February 2023. Former practice heads Konrad Werner  and Ludomir Biedecki departed in April and September of 2022 to join Kochanski & Partners and Bird & Bird Szepietowski i wspólnicy sp. k., respectively.

Responsables de la pratique:

Paweł Żelich; Paweł Hoc; Paweł Samolewicz


Les références

‘The team of lawyers was very professional and capable of providing adequate and practical solutions meeting clients’ expectations when advising on a complex transaction.’

‘Paweł Hoc was standing out during negotiations of the terms of the deal due to his excellent knowledge of Polish and German law and knowledge of the Polish and German languages. He showed off his skills and abilities, and his advice was rather unique and high calibre.’

‘Lawyers from this law firm use advanced technological tools. The banking and finance team is highly knowledgeable in their practice area, committed to their cases, very responsive, and quick to perform. They are good to negotiate with and very skilled when it comes to problem solving.’

Principaux clients

Helaba


SAF Holland Group


Gubor Group


Coface


AURELIUS Equity Opportunities SE & Co. KGaA


Principaux dossiers


  • Advising Gubor Group on the Polish aspects of a refinancing transaction, including negotiations related to security interests agreements.
  • Advising AURELIUS Opportunities SE & Co. KGaA on the simultaneous acquisition of the dental bauer and Pluradent companies.
  • Advising SAF-Holland Group on an amendment to a €500m multi-currency term and revolving facilities agreement, according to which the Polish company from the group served as a guarantor.