Macfarlanes has advised specialist engineering and technology business Petainer Group on a refinancing with QInvest, Qatar’s leading investment bank, and Ceska Sporitelna, a prominent Czech bank.

This was a complex transaction which involved implementing two financings, including a Shari'ah compliant financing which used a murabaha structure.  The lenders shared a first-ranking security package spanning a number of jurisdictions and Macfarlanes was responsible for co-ordinating the legal advice in Sweden, Germany and the Czech Republic.

Petainer is a world leader in the design, development and manufacture of plastic containers predominantly used in the drinks industry. Its business is increasingly global, headquartered in the Czech Republic with manufacturing plants in Germany and Sweden, a sales office in the UK and a growing presence in Russia and the USA.

The Macfarlanes team was led by banking and finance partner Andrew Perkins, supported by senior solicitor Niamh Dennehy-Maher and solicitor Rachel Richardson.