The several dozen million-euro loan was secured against a newly completed, build-to-suit logistics facility in Psary, Poland, constructed by DL Invest Group. The 124,000 sqm prime facility, one of the largest in the region, was built to high sustainability and energy efficiency standards, with #BREEAM certification Very Good. Furthermore, the transaction led to the establishment of a strategic partnership between the aforementioned entities, opening a new chapter in the company’s history.
Sincere thanks to our Client for the trust shown and to everyone involved in the process. We’re extremely happy that we could have had an opportunity to contribute to another DL Invest Group‘s landmark transaction 🤝
#DLP lawyers were involved in structuring the transaction and negotiating the agreements included in the package, in particular the MFA and the security documents. The financing provided by Invesco EMEA required the involvement of counsel from several jurisdictions simultaneously. DLP also negotiated parallel amendments to the loan documentation with the bank financing the project.
The #DLP transaction team consisted of: Michał Cwajna (Counsel), who was responsible for coordinating and finalizing the project and liaising with other jurisdictions and Invesco’s and the bank’s advisors, Piotr Urbanek (Counsel) and Aleksander Duma (Counsel), negotiating the Mezzanine documentation. Przemysław Szabat (Counsel) assisted us with the tax analysis, and Katarzyna Marczuk (Senior Associate) supported DL Invest Group in negotiating and implementing amendments to the bank’s documentation and collateral documentation under the Mezzanine agreement. The project was directly supervised by Maciej Duch (Partner).
