Central and Eastern Europe offices

allenovery.com “They have a very pragmatic approach, are solution-oriented and very good at what they do.”

Chambers Europe 2019 (Central & Eastern Europe)

2 Central and Eastern Europe offices Allen & Overy at the heart of Europe

Our regional presence Allen & Overy has one of the largest and best Band 1 Banking known practices in Central and Eastern Europe & Finance practice (CEE) and is one of the few major international Chambers Europe 2020 (Central & Eastern Europe) firms with a well-established and expanding presence in the region. Czech Law We have offices in four key centres – Warsaw, Prague, Budapest Firm of the Year and Bratislava – and the offices have close working ties IFLR European Awards 2019 and are fully integrated with our global network. Consequently, we offer a seamless service to our clients across the region and beyond. International Law Lawyers operating from these offices also coordinate projects Firm of the Year in other Central and South Eastern European countries, Slovak Law Firm of the Year Awards 2019 particularly Albania, Bosnia and Herzegovina, Bulgaria, , Kosovo, Macedonia, Moldova, Montenegro, Romania, Serbia and Slovenia. In each case, we work closely with a small Band 1 Corporate number of experienced local law firms who have worked /M&A practice with us on successful large scale and international Chambers Europe 2018 transactions in the past. (Central & Eastern Europe)

CEE OFFICES

1 BUDAPEST 2 BRATISLAVA 3 PRAGUE 4 WARSAW

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allenovery.com 3 Our comprehensive legal expertise

Our clients value the fully integrated service we can provide for domestic and cross-border matters across all practice areas in the CEE region, combining our international experience with local expertise and knowledge of local market conditions and regulators. We provide advice on local as well as English and EU laws.

Banking & Capital Corporate Competition/ Finance Markets /M&A Antitrust

– Asset Finance – Debt Capital Markets – Commercial – Antitrust and Antitrust Compliance – Acquisition and Leveraged Finance – Derivatives and Structured Finance – Corporate Governance – Merger Control – Corporate Lending – Equity Capital Markets – Employment and Benefits – Novel Business Solutions – Export Finance – Investment Funds and Structures – Intellectual Property – Consumer Protection – Financial Services Regulation – Securitisation – Joint Ventures – Antimonopoly Audits and Investigations – Mergers & Acquisitions – Competition Litigation – Project Finance – Private Equity – State Aid – Real Estate Finance – Takeovers and Public M&A – Restructuring

Dispute Environment Real Estate Tax Resolution & Regulatory

– Banking, Finance and – Acquisitions and Sales – Climate Change – Cross-Border Tax Planning Securities Disputes – Corporate Occupiers and Leasing – Emissions & Carbon Trading – Financial Products – Competition Litigation – Real Estate Development – Environmental Disputes – International Capital Markets – Consumer Disputes and Planning – Environmental Protection – Investment Funds – Commercial and Contract Disputes – Real Estate Finance and Compliance – Mergers and Acquisitions, – Corporate Disputes and – Real Estate Funds – EIA/IPPC Spinoffs and Divestitures Corporate Governance – Joint Ventures and Structures – REACH – Real Estate – Employment Disputes – Renewables and Clean Technology – Tax Litigation – Intellectual Property Litigation – Transactional Support – International Arbitration – Waste Management – Real Estate Litigation – Restructuring and Insolvency Litigation

4 Central and Eastern Europe offices Our sector expertise

Financial Industrial and Real estate institutions manufacturing

Retail and Private equity Life sciences consumer goods

Telecommunications, Energy and Infrastructure natural resources media and and transport technology

allenovery.com 5 Some of our key deals

Czech Republic

The arrangers MUFG Securities EMEA pls J&T BANKA, Česká spořitelna, Komerční on the EUR1.15bn financing of the CME on the EUR175m EGAP-insured financing for banka and UniCredit Bank acquisition by PPF Group N.V. CME has the development, construction, and operation and , and J&T IB and Capital Markets TV operations in Bulgaria, the Czech Republic, of the Alpaslan II dam and hydro power plant on the domestic, CZK6bn Czech Koruna- Romania, Slovakia and Slovenia. in Turkey by the Czech-based hydroelectricity denominated standalone bond issuance group ENERGO-PRO. of SAZKA Group. Alpiq AG as Czech transaction counsel on its EUR280m A consortium of investors managed by Asahi Group Holdings disposal of a 100% shareholding in Alpiq Macquarie Infrastructure and Real Assets on its EUR7.3bn acquisition of the former Generation (CZ), which operates two Czech on its EUR1.8bn acquisition of a 50.04% stake SABMiller businesses and operations in the coal-fired power plants, Kladno and Zlίn, in the primary Czech gas distribution system Czech Republic, , Slovakia, Hungary to Sev.en Energy Group. operator Innogy Grid Holding (IGH) from RWE, and Romania from AB InBev. making the consortium the sole owner of IGH.

Hungary

A Chance for Children Foundation Aegon Lakástakarékpénztár The International Investment Bank and 62 Roma children on the sale of its home savings product portfolio. in connection with the private placement and on their moral damages claim against the listing of its notes on the Budapest Stock Exchange. municipality and school in Gyöngyöspata, MOL East Hungary, on account of school segregation. on its inaugural Growth Bond (NKP) issue. Bank of China in connection with the listing of its structured Raiffeisen Energy notes on the Budapest Stock Exchange. on the sale of its windpark in Hungary.

Poland

Banco Santander and its Polish Generali CEE Holding ING Bank Hipoteczny subsidiary Santander Bank Polska on obtaining the European Commission’s on the establishment of the issue of a EUR5bn on its acquisition of Deutsche Bank Polska’s clearance related to the acquisition of Adriatic mortgage covered bonds programme and retail business. Slovenica, zavarovalna družba, d.d., a leading the inaugural issue of PLN400m green company in non-life and life insurance and mortgage bonds. Innova Capital asset management businesses in Slovenia on the acquisition of a 33.74% stake in and Croatia. The case involved several Santander Bank Polska, mBank Oshee Polska, a market leader in functional affected markets. and Bank Gospodarstwa Krajowego beverages and dietary products in Poland on the financing of Suntago Water World, and the subsequent acquisition of Sonko, Atrium European Real Estate the largest tropical-themed water park a rice and rice waffle producer. on refinancing for the acquisition of the Wars in Poland and Europe. Sawa Junior department store complex in the Warsaw city centre, provided by Helaba.

Slovakia

Prima banka Slovensko Slovenské elektrárne W.A.G. payment solutions on the establishment of a EUR1.5bn covered on the extension and renegotiation of their on the acquisition of a majority interest bonds issuance programme and on the inaugural loan portfolio of EUR2.9bn. in Sygic, a.s, a leading provider of covered bond issuance of EUR500m, rated mobile-app-based navigation. Aaa and listed on the Luxembourg Stock Všeobecná úverová banka Exchange (the first bond deal by any bank on the sale of its real estate portfolio consisting in CEE priced with a negative yield). of more than 300 properties across Slovakia.

6 Central and Eastern Europe offices Regional experience

EuroCape New Energy Limited International Finance Corporation Blue Sea Capital on the development of a 500MW wind project in on the financing of the development, on its disposal of 55% shareholding in Zaporizhia, Ukraine, which will nearly double construction, operation and maintenance MediGroup, a leading private healthcare the country’s wind power capacity. Once of the Alibunar wind farm with a 42MW provider in Serbia with 13 facilities across finished, it will be Europe’s largest onshore installed capacity in Serbia, developed by Elicio. key cities, providing inpatient, outpatient, wind power plant with a capacity of lab, IVF, opithalmology and cosmetology 500MW generated by 3.3-MW turbines. UAB LITGAS services, to Mid Europa Partners. on a five-year deal with Norway’s Statoil to EBRD import natural gas through the country’s new The global coordinators on financing for Societatea Nationala LNG terminal at Klaipeda Litgas on the sale De Transport Gaze Naturale Transgaz, and purchase agreement with Statoil. on the up to EUR3.025bn leveraged the national gas transmission grid operator. financing for the acquisition of Telenor’s The loan is to finance the construction of EBRD, KFW IPEX-Bank and Euler Hermes telecommunications assets in the CEE Phase 1 of the Bulgaria-Romania-Hungary- on the financing of the 72MW Krnovo wind and SEE region by PPF Group. Austria pipeline/corridor (BRUA project) farm in Montenegro, developed by Akuo Energy. and three compressor stations in Romania.

“Allen & Overy is a good choice because of its in-depth knowledge, professional approach and flexibility.”

Chambers Europe 2019 (Central & Eastern Europe)

“The firm’s foresight draws praise from clients, one commending its skill in ‘not only reacting to situations that have arisen, but also suggesting and forecasting’, before adding: ‘These guys are always one step ahead’.” Chambers Europe 2020 (Central & Eastern Europe)

allenovery.com 7 Regional key contacts

Central and Eastern Europe practice

Arkadiusz Pędzich Dan Cocker Attila K Csongrady Miklos Kadar Managing Partner Partner, CEE/SEE Projects, Counsel, CEE/SEE English Counsel, CEE/SEE Projects, CEE, Warsaw Energy and Infrastructure, Warsaw Banking Law practice, Bratislava Energy and Infrastructure Tel +48 22 820 6157 Tel +48 22 820 6155 Tel +421 2 5920 2415 Tel +44 20 3088 1798 [email protected] [email protected] [email protected] [email protected]

Prague

Prokop Verner Silvie Horackova Peter Vybiral Petra Mysakova Partner, Counsel, Counsel, Senior Associate, Corporate Banking & Capital Markets Banking & Capital Markets Banking & Finance Tel +420 222 107 140 Tel +420 222 107 149 Tel +420 222 107 173 Tel +420 222 107 145 [email protected] [email protected] [email protected] [email protected]

Warsaw

Jarosław Iwanicki Tomasz Kawczyński Piotr Lesiński Marta Sendrowicz Partner, Corporate Partner, Banking Partner, ICM Partner, Competition Tel +48 22 820 6190 Tel +48 22 820 6137 Tel +48 22 820 6163 Tel +48 22 820 6255 [email protected] [email protected] [email protected] [email protected]

8 Central and Eastern Europe offices

Krystyna Bartosz Merczyński Michał Matera Maciej Kulawik Szczepanowska-Kozłowska Partner, Litigation/Insolvency Partner, Real Estate Counsel, Tax Partner, IP/Litigation Tel +48 22 820 6119 Tel +48 22 820 6213 Tel +48 22 820 6135 Tel +48 22 820 6176 [email protected] [email protected] [email protected] [email protected]

Budapest

Łukasz Walczyna Zoltán Lengyel Balázs Sahin-Tóth Károly Fóti Counsel, ICM Partner, Corporate Counsel, Corporate Counsel, Banking Tel +48 22 820 6152 Tel +36 1 429 6033 Tel +36 1 429 6003 Tel +36 1 429 6006 [email protected] [email protected] [email protected] [email protected]

Bratislava

Tibor Szántó Martin Magál Renátus Kollár Counsel, Competition Partner, Corporate Partner, Banking Tel +36 1 429 6037 Arbitration and Dispute Resolution Tel +421 2 5920 2423 [email protected] Tel +421 2 5920 2412 [email protected] [email protected]

allenovery.com 9 “Clients appreciate the team’s ‘very good deal management, practical approach with a sound understanding of the underlying economics of a transaction, and commitment to getting transactions finalised’.”

Chambers Europe 2020 (Central & Eastern Europe)

10 Central and Eastern Europe offices allenovery.com 11 For more information, please contact:

Warsaw Bratislava Allen & Overy, A. Pędzich sp. k. Allen & Overy Bratislava, s.r.o. Grzybowska 56 Eurovea Central 1 00-844 Warsaw Pribinova 4 Poland 811 09 Bratislava Tel +48 22 820 6100 Slovak Republic Fax +48 22 820 6199 Tel +421 2 5920 2400 [email protected] Fax +421 2 5920 2424 [email protected]

Prague Budapest Allen & Overy (Czech Republic) LLP Lengyel Allen & Overy Ügyvédi Iroda organizační složka Madách Trade Center V Celnici 4 Madách Imre út 13-14 110 00 Prague 1 H-1075 Budapest Czech Republic Hungary Tel +420 222 107 111 Tel +36 1 483 2200 Fax +420 222 107 107 Fax +36 1 268 1515 [email protected] [email protected]

GLOBAL PRESENCE

Allen & Overy is an international legal practice with approximately 5,500 people, including some 550 partners, working in over 40 offi ces worldwide.

Allen & Overy means Allen & Overy LLP and/or its affiliated undertakings. Allen & Overy LLP is a limited liability partnership registered in England and Wales with registered number OC306763. Allen & Overy LLP is authorised and regulated by the Solicitors Regulation Authority of England and Wales.

The term partner is used to refer to a member of Allen & Overy LLP or an employee or consultant with equivalent standing and qualifications. A list of the members of Allen & Overy LLP and of the non-members who are designated as partners is open to inspection at our registered office at One Bishops Square, London E1 6AD. ROW © Allen & Overy LLP 2020. This document is for general guidance only and does not constitute definitive advice. CEE_office_brochure_ADD-91945