August 2018

KSP provides advice on debt financing for an investment project

We advised our client (a Polish capital group) on a transaction to gain a financial partner for a joint investment concerning the acquisition of holdings in a leading manufacturer of steel elements, and for further restructuring of that company.

 

The transaction combined equity financing and debt financing and covered the sale of a block of shares in an SPV to the investor, and the issue of bonds by the SPV. The payment of the investor’s bond claims and the client’s claims was subordinated to all other claims of the SPV. The SPV received financing at the level of PLN 25 million from the investor.