Inter Cars Zl653 million refinancing

Overview:

• Inter Cars—an importer and distributor of automotive spare parts—has secured financing of Zl653 million to finance its ongoing business activity and refinance its existing indebtedness with its 12 subsidiaries in Europe.
• The syndicate of four Polish banks was made up of Bank Pekao, ING Bank Śląski, Bank Handlowy w Warszawie, and mBank.  
• This cross-border transaction involved a number of jurisdictions across Poland, Czech Republic, Slovakia, Lithuania, Latvia, Romania, Ukraine and Cyprus.

Adam Majeed - Regional editor