Banking & Finance, Insurance Business
One of our main businesses at BBH is the provision of superlative legal and consulting services in the field of banking and financial law and the law of capital markets - including securitization and derivatives.
In this respect, we refer to the fact that since 1990 our lawyers have represented a number of cases involving important domestic and foreign banking institutions and investment companies.
Among our clients are reputable Czech banking houses (including the Czech National Bank, BAWAG Bank CZ, a.s., Komerční banka, a.s., Česká spořitelna a.s. and PPF banka, a.s.), major financial institutions (including Česká pojišťovna a.s., Home Credit a.s., etc.) and significant corporate entities (e.g. Škoda Holding, a.s., ČEZ a.s., etc.). Further we act in several domestic and international organizations specializing in queries such as Czech Capital Market Association and ISDA etc.
As indication of some of the nature of our work in this area of our practice, we list below several banking & finance transactions, which we advised on recently:
- Česká pojišťovna a.s.Loan Facility. We provided broad legal advise to Česká pojišťovna a.s., Czech insurance market leader, among other, in connection with a syndicated loan facility in the amount of 143 mil. EUR arranged by CALYON S.A.
- ECM Takeover Bid. BBH advised J&T BANKA, a.s. and ECM Group N.V. in the process of launching the takeover bid on the shares issued by ECM REAL ESTATE INVESTMENTS A.G. which are listed at the Prague Stock Exchange. ECM Group N.V. acquired in the takeover bid more than 2 million pieces of shares of ECM REAL ESTATE INVESTMENTS A.G. representing over 45% of all shares issued by the target company.
- PPF Investments group Leverage Finance Facility. We have acted as legal advisor to PPF Investment Group in connection with a leverage financing transaction in the volume of 168 mil. USD sponsored by Citibank N.A. This transaction involved not only the negotiation and drafting of a loan facility document, but also security documentation in order to effect the structured collateral arrangement.
- Home Credit Slovakia, a.s. Financing. We acted as legal advisor to this consumer finance provider based in the Slovak Republic in connection with several loan facilities, including a refinancing of a structured loan facility, a syndicated loan facility, a revolving loan facility and a bilateral overdraft facility in aggregate volume exceeding 160 mil. EUR.
- Home Credit a.s. Financing. We acted as legal advisor to this third largest consumer finance company operating in the Czech Republic in the preparation and negotiation of several loan facilities, including a 3 bn. CZK (120 mil. EUR.) syndicated loan facility arranged by ING.
- PPF banka a.s. Loan Facilities. We provided broad legal advise to PPF banka a.s., among other in connection with several financing transactions in volume exceeding 70 mil. EUR.
- E-GATE. We have acted as legal advisors to the debtor in connection with secured acquisition financing of the purchase of a real estate project, the loan facility being arranged by Raiffeisenbank a.s. and Komerční banka a.s. and amounting to approx. 70 mil. EUR.
- ČP Leasing a.s. (now Credium a.s.) We provided legal services pertaining to a syndicated financing facility of this major Czech leasing company in a volume exceeding 1 bn. CZK (40 mil. EUR.).
- New Star Global Property Management. We acted as legal advisors to the debtor in connection with secured acquisition financing of purchase of two real estate projects, the loan facility being arranged by Hypo Real Estate Bank International and amounting to approx. 40 mil. EUR.
- Financing of Purchase of Turbo-Jet Transport Aircraft. In connection with the purchase and financing of a turbo-jet transport aircraft and its registration with the Czech Civil Aviation Authority, we acted as legal counsel to one of the largest financial groups in the Czech Republic. This transaction exceeded a volume of 20 mil. USD.
- Financing of Purchase of Transport Aircraft. At present, we provide legal guidance to a member of Sumitomo Corp. Group in connection with the financing of a Boeing 737 jet initially leased and operated by Czech Airlines.
- Purchase and Financing of Helicopter. We have provided legal advise to one of our clients in connection with the purchase and financing of a EC helicopter in the value of 1 mil. EUR.
- LRP Landesbank Rheiland-Pfalz, Mainz, Germany. We provided legal services to one of the most prominent German banks, a member of the LBBW-Group, concerning the financing of real estate investment in the Czech Republic, during which we advised also on complete loan and security documentation and a number of agreements on the lease of non-residential premises, associated contracts, ownership titles and provided the client with complex legal analysis of said documents.
- UTIS - Sophisticated Investor Investment Fund. We successfully advised a client in establishing and licensing by the Czech National Bank of the first ever non-banking sophisticated investor investment fund oriented to be established in the Czech Republic.
- Česká pojišťovna a.s. Products. In addition to the above, we have provided extensive legal advise to Česká pojišťovna a.s. in respect of its insurance products.
- Arch Re. We provide local law insurance and reinsurance advise to this international reinsurance group.
In addition to the above, we are on the shortlist of, or have provided our legal services to, the following clients:
- Czech National Bank
- Česká pojišťovna Group
- BAWAG Bank CZ a.s
- Home Credit Group
- Komerční banka, a.s.
- Česká spořitelna, a.s.
- ING Bank N.V.
- PPF banka a.s.
- eBanka a.s.
- Bank of America, N.A.
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