Bird & Bird advises Bank of China on granting a loan exceeding EUR 120 million – EuropaProperty

Bird & Bird advised Bank of China (Luxembourg) S.A (Poland and Luxembourg branches) on a financing transaction for an amount exceeding EUR 120 million. The loan was partially used for refinancing the loans granted to two entities owning several immovable assets throughout Poland.

The team provided complex legal advice to the bank – most notably, they prepared and negotiated complete, bilingual documentation with the debtor regarding the financing (loan contract and collateral documentation). Additionally, they conducted due diligence for various real estate plots, and performed a limited legal analysis of the business entities.

Maciej Georg (Counsel) led the project, with support from Olga Koszewska (Associate), Filip Windak (Associate) and Jakub Leszczyński (Trainee).

Katarzyna Piechocka (Counsel), together with Izabela Staniszewska-Brzózek (Senior Associate) and Aleksandra Pilipiuk (Associate) prepared the documentation regarding the collateral and carried out the due diligence process.

“This was yet another transaction that we have supported Bank of China with. We are delighted that the fourth biggest bank in the world trusted Bird & Bird to advise on such a significant transaction. We look forward to working with Bank of China again in the near future,” said Maciej Georg.