IFLR1000

CETIN CZK32.2 billion financing

23/7/2015
Financing
Select tab

Kc 32.2 billion

$ 1.269 billion

Completed

23/7/2015

Overview:

  • Telecoms company Česká telekomunikační infrastruktura (CETIN) secured CZK32.2 billion in bank financing in what was the largest loan agreement signed in the Czech Republic in 2015.
  • Controlled by Czech investor PPF, CETIN is a spin-off of the infrastructure business of O2 Czech Republic. 
  • PPF is borrowing through CETIN to repay loans its used to purchase of O2 Czech Republic shares from Telefonica Group in 2014
  • Banca IMI, BNP Paribas Fortis, Československá obchodní banka, ING Bank, Komerční banka, Société Générale, and UniCredit Bank arranged the CETIN financing. 

Ben Naylor - Regional editor

 

Jurisdictions:

United Kingdom
Czech Republic

Deal type:

Financing

Practice area:

Banking

Industry sector:

Technology and telecommunications

Firms:
BBH

Party: Česká telekomunikační infrastruktura (CETIN) (Borrower)

Lawyer: Tomáš Sedláček

White & Case

Party: Banca IMI (Coordinator)

Party: BNP Paribas Fortis (Coordinator)

Party: Československá obchodná banka (Coordinator)

Party: ING Bank (Coordinator)

Party: Societe Generale (Coordinator)

Party: Komerční banka (Coordinator)

Party: Unicredit (Coordinator)

Lawyers: Jonathan Weinberg, Tomáš Jíně

Related deals