In November 2015, the Banking and Finance practice team advised Bank Zachodni WBK and Bank BGZ BNP Paribas on providing financing for residential projects in Cracow and Warsaw.

Advising Bank Zachodni WBK

Lawyers from Dentons’ Banking and Finance practice team advised Bank Zachodni WBK acting as lender in relation to a PLN 84 million financing. The loan will cover a residential development on Cystersow Street in Cracow. The transaction was closed on November 17.

Partner, Mateusz Toczyski, Head of the Banking and Finance team in Poland and Europe, supervised the transaction and the lead lawyers were Counsel, Krzysztof Kazmierczyk, and Associate, Krzysztof Mrozik, from the Banking and Finance team.

Advising BGZ BNP Paribas

Dentons lawyers also advised BGZ BNP Paribas in connection with two loans for PLN 37.5 million and PLN 17.25 million, which it granted to Asbud Centrum in order to finance the purchase of two pieces of real estate. The properties, located on Karolkowa Street in Warsaw, will be used for residential purposes. This transaction was closed on November 5.

Partner, Michal Mezykowski, led the transaction, supported by Martyna Markiewicz, Senior Associate, from the Banking and Finance team.