Global law firm Clifford Chance advised the lenders on a €342 million infrastructure financing for CLIP Group. The financing was provided by Bank Pekao, PKO Bank Polski, mBank, Erste Bank Polska, EBRD, BNP Paribas Bank Polska, Bank Millennium and Bank Ochrony Środowiska.
The financing forms part of a complex funding structure covering the entire group and multiple entities, including STS Logistics, CLIP Logistyka and CLIP Terminals. The proceeds will be used to refinance existing indebtedness and support the further development of logistics and intermodal infrastructure, including strategic projects such as a car distribution centre in Zabrze, an intermodal terminal in Zabrze, and electromobility-related initiatives.
The financing represents one of the most complex infrastructure debt transactions completed on the Polish market in recent years. Under a single financing structure, it encompasses various areas of CLIP Group’s business, including warehouse logistics, intermodal transport and terminal operations, while supporting an ambitious investment programme aimed at further expanding logistics and intermodal infrastructure across Poland.
The financing structure was designed with the involvement of CLIP Group’s financial adviser, Final Milestone Corporate Finance, taking into account the specific characteristics of the Group’s business. It includes mechanisms designed to effectively protect the lenders’ interests while preserving operational flexibility for the financed group. The transaction also provides for the possibility of increasing the financing in the future to support additional development projects.
The Clifford Chance team advising on the transaction comprised Aleksandra Rudzińska (Counsel) and Krzysztof Burda (Associate), working under the supervision of Andrzej Stosio (Partner).
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