Poland: Schoenherr advises DYWIDAG Group on EUR 90m refinancing

Schoenherr acted as Polish local counsel to DYWIDAG Group on the refinancing of its existing credit facilities. The financing includes a EUR 90m secured Nordic bond which will replace the existing term loans, as well as a senior revolving credit facilities agreement.

DYWIDAG, a global leader in geotechnical products, post-tensioning, and stay-cable systems, is a portfolio company of Triton, a leading European mid-market sector-specialist investor.

The transaction was coordinated by Arctic, a leading independent provider of financial services, acting as the sole global coordinator, with Pareto Securities, an independent full-service investment bank.

Latham & Watkins LLP advised DYWIDAG on the refinancing. Cederquist advised on the Nordic bond.

The Schoenherr team was led by Marcin Antczak (Counsel) and included Aleksandra Goławska (Attorney at Law).