BSWW assisted in providing financing to Fedha Sp. z o.o. intended to cover the costs of the offer to subscribe for 100% of shares of Vantage Development S.A.
Vantage Development S.A. is a dynamic developer based in Wrocław, currently running projects also in Warsaw and other cities – the company has been listed on the Warsaw Stock Exchange since 2012.
Fedha Sp. z o.o. is indirectly dependent on Grzegorz Dzik – the main shareholder of Vantage Development S.A. The offer was published by Fedha with the approval of Grzegorz Dzik and its subsidiary Nutit a.s. as well as Józef Biegaj and its subsidiary Trade Bridge Czechy a.s. – the second largest shareholder in the share capital of Vantage Development.
As part of the process, the law firm provided comprehensive legal services to the entity extending the LBO financing, which included preparing debt-related documentation and security-related documentation.
The transaction involved financing of a few dozen million zloty.