Norton Rose Fulbright advises INTER CARS on loan facility

Business December 15, 2016

Global law firm Norton Rose Fulbright has advised INTER CARS S.A. and its group companies on a PLN 1.1 billion loan facility. A consortium of banks consisting of Bank BGŻ BNP Paribas S.A., Bank Handlowy w Warszawie S.A., Bank Polska Kasa Opieki S.A., CaixaBank, S.A. (Spółka Akcyjna) Oddział w Polsce, DNB Bank Polska S.A., ING Bank Śląski S.A. and mBank S.A., were mandated lead arrangers on the facility. Bank Polska Kasa Opieki S.A. acted as agent with mBank S.A. as the security agent on the refinancing of existing debt and financing of working capital.

As part of the limit granted by the banks under the revolving facility, INTER CARS also arranged ancillary facility agreements, providing its group companies with access to a number of banking products such as overdrafts, guarantees and letters of credit.

INTER CARS, based in Poland, is the largest importer and distributor of automotive spare parts for passenger cars and commercial vehicles in Central and Eastern Europe. The company’s product range includes garage equipment such as tools for servicing, repairs and maintenance of cars, and also motorcycle spare parts and tuning parts.

The Norton Rose Fulbright team was led by partner Grzegorz Dyczkowski and assisted by senior associate Tomasz Rogalski, associates Konrad Leszko and Maksymilian Jarząbek, and paralegal Adrian Więsław. The team structured and documented the entire transaction for INTER CARS.

For further information please contact:

Bożena Sydorczyk, Business Development Executive
T: +48 22 58 14 981

Notes for editors:

Norton Rose Fulbright is a global law firm. We provide the world’s preeminent corporations and financial institutions with a full business law service. We have 3800 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.

Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare.

Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.

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