Month: May 2022

Rymarz Zdort is pleased to announce that in the latest IFLR1000 ranking, it was once again recognised as one of the best law firms in Poland, being recognised in Tier 2 in the Banking & Finance practice.

2021 was a very dynamic year for our team – says Zofia Frydrychowicz, co-head of Rymarz Zdort’s Banking & Finance practice. We were involved in various spectacular transactions, such as the financing of the acquisition of 100% of the shares in CEDC International by Maspex Group and the financing of the acquisition of Luxembourg-based Moventum by ProService Finteco.

We also supported clients from the renewable energy sources sector, such as Aberdeen Standard Investments and a consortium of lenders on the complex financing of a portfolio of 140 photovoltaic farms. It was a very busy and demanding year, but thanks to our clients’ trust and our commitment towards projects, it turned out to be a very successful year – summarises Dr Jakub Rachwol, co-head of Rymarz Zdort’s Banking & Finance practice.

Rymarz Zdort was also recognised in Tier 3 in the Project finance category of this year’s IFLR1000 ranking. We are also delighted to add that Zofia Frydrychowicz has been recognised in the Women Leaders 2022 category.

Congratulations to all of the lawyers and teams that received recognition.

We would also like to take this opportunity to thank our clients – your positive feedback has always served as our greatest distinction.

Please visit IFLR1000 to find out more: IFLR10002022

Rymarz Zdort advised Żabka Polska (“Żabka”) in connection with sale-and-leaseback agreements for its new 60 000 sqm logistics facility in Radzymin, near Warsaw. The real estate investor in the transaction was Macquarie Asset Management.

The logistics facility in Radzymin is the BTS (“build-to-suit”). The facility is equipped with innovative automatic solutions that will not only speed up logistics services for stores and improve the quality of service for franchisees, but will also be environmentally friendly. One feature of the warehouse design is the “High Bay”, a section of 40-meter high storage.

The Rymarz Zdort team advising on the transaction was led by corporate partner and head of the real estate practice Piotr Fedorowicz, who was supported by associates Tomasz Karkowski and Izabela Skrzypczak.

We are pleased to announce that Anna Zorya (partner) and Viktoriia Dobrynska (senior associate) have joined the M&A/Corporate practice of Rymarz Zdort. They gained their transactional experience at several law firms in the Ukraine.

“I am delighted to have Anna and Viktoriia on board. They are experienced lawyers with in-depth expertise in all legal aspects that may arise in the course of doing business. Anna has led several M&A/Corporate projects in various jurisdictions in the CEE region. We are convinced that thanks to the unique combination of their specialisation and experience, we will be able to provide our clients in Poland with the highest quality of services in more and more complex projects”, says Paweł Rymarz, managing partner and co-head of M&A/Corporate practice.

Anna Zorya is an attorney-at-law with many years of experience in providing M&A and corporate legal advisory services. She has provided clients with comprehensive legal advice, including the provision of extensive support in M&A transactions, transaction structuring, the preparation of transactional documentation, the development of effective corporate governance models, and the provision of advice on all corporate governance issues. She has also advised on the implementation of squeeze-out/sell-out procedures and the establishment of businesses, in addition to providing support to corporate governance activities.

Viktoriia Dobrynska is an attorney-at-law and a specialist who has represented corporate clients and institutional investors in the course of complex M&A transactions, cross-border structured finance transactions, the establishment of joint ventures, other capital market transactions and debt financing.

“It is a pleasure for us to join one of the leading M&A legal houses in Poland. I am sure that Rymarz Zdort will benefit from our previous experience, and together we will execute several interesting transactions not only in Poland but also in the CEE region”, says Anna Zorya.

Anna and Viktoriia, welcome aboard and good luck!

We are pleased to announce that Rymarz Zdort assisted Powszechna Kasa Oszczędności Bank Polski Oddział Biuro Maklerskie, a Polish brokerage house acting as the global coordinator, in the process of the issuance of series E shares by PGE Polska Grupa Energetyczna (“PGE”). As a result of such issuance, approximately 374 million shares were subscribed for at the issue price of PLN 8.55 per share.

The State Treasury (the majority shareholder of PGE) subscribed for shares worth over PLN 2.5 billion, open-end pension funds subscribed for shares worth approximately PLN 450 million and other investors subscribed for shares worth approximately PLN 250 million. PGE is planning to spend the proceeds of approximately PLN 3.2 billion from this issuance on investments in three areas: the development of power distribution systems, renewable energy sources, and the decarbonisation of power and heat generation processes through the development of low-carbon energy sources.

“This transaction on which we advised is a prime example of the potential of Polish energy groups, which, despite the very difficult market and geopolitical circumstances, have decided to issue shares and allocate the issue proceeds to the financing of distribution projects or low-carbon and renewable sources,” said Marek Durski, a partner and the head of the Energy & Natural Resources practice in Rymarz Zdort.

The Rymarz Zdort team advising on the transaction comprised, Marek Maciąg (a partner and the head of the Corporate practice), Marek Durski (a partner and the head of the Energy & Natural Resources practice), Klaudia Kasztelewicz (associate) and Karolina Stepaniuk (associate).