Clifford Chance advised on €770 million financing for Pepco Group

Global law firm Clifford Chance advised on a transaction in which Pepco Group obtained €770 million financing from a syndicate of 10 banks. The new term facilities will be used to refinance the Group’s current indebtedness. The revolving credit facility will be available for general corporate purposes and as a liquidity reserve for the Group.

The Clifford Chance team advising on Polish law aspects of the transaction included Andrzej Stosio (Partner) and Mateusz Chruściak (Counsel). Jim MacHale (Partner), Hannah Williams (Associate), Rachel Lodge (Lawyer), and Chelsea Nkafu (Trainee Solicitor) advised on English law aspects of the transaction.