Dentons' Banking and Finance team in Warsaw advised Waimea Group on a EU28.7 million corporate bond issuance.

The funds raised from the bond issue will be used for the construction of 12 Class A units in two modern logistics parks in Poland - Waimea Logistic Park Bydgoszcz and Waimea Logistic Park Stargard. The planned complexes will offer a total area of about 90,000 sq.m. to let in Bydgoszcz and about 80,000 sq.m.in Stargard.

Dentons' lawyers supported Waimea in negotiations and execution of the issue program agreement, negotiations of the terms and conditions of the issuance and security documents. The investor, an investment fund belonging to Griffin Real Estate group, was advised by Allen&Overy.

Partner Mateusz Toczyski, Head of Dentons' Banking and Finance practice in Europe, supervised the project. Counsel Bartosz Nojek led the transaction team with the support of senior associate Agnieszka Kozikowska and associates Justyna Jamrozy and Magda Kulesza.