Dentons advised a consortium of 4 Polish banks (PEKAO, BZ WBK, Rabobank, ING Polska) in connection with a €250 million financing for the organic growth of the listed company AmRest Holdings S.E. and the whole AmRest group in Poland, as well as in many other European countries, including Russia, Czech Republic, Spain and Hungary. The facility agreement also included refinancing of the existing debt of AmRest group. Legal services related to this transaction required a deep understanding of the rules by which AmRest group runs its business and its financial operations in many jurisdictions. Moreover, Dentons was involved in solving a range of complex issues arising from relations between the borrowers and the syndicate, as well as from legal restrictions on the financing and guaranteeing of AmRest group’s activities in foreign jurisdictions.

“Although several jurisdictions were involved in the transaction, we worked as one team and as a result carried out this complex deal smoothly and successfully to the great satisfaction of our Client” – commented Mateusz Toczyski, partner and head of Warsaw and European Banking and Finance Practice teams. While working on the project, Mateusz was ably supported by Bartosz Nojek, legal advisor, associate in the Dentons Warsaw Banking and Finance Practice team.

AmRest Holdings S.E. is the largest independent restaurant operator in Central and Eastern Europe. Its portfolio includes brands such as KFC, Pizza Hut, Burger King, Applebee's and Starbucks pursuant to franchise and joint venture partnerships. AmRest also owns La Tagliatella and is developing brands such as: Il Pastificcio, Trastevere, Blue Frog, Kabb and Stubb’s. Altogether AmRest currently operates 699 restaurants.

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