Successful restructuring of loan exposure exceeding CZK 100 million

Successful restructuring of loan exposure exceeding CZK 100 million

We represented Sberbank CZ, a.s. in finishing successfully the restructuring of non-performing loans provided by the Bank for construction of a biogas station and a photovoltaic power plant in the total amount of CZK 116.840.000.

Our assistance in this restructuring included active participation in negotiations of refinancing conditions with the new investor, drafting and revising of the complete contractual documentation and related documents (a Settlement Agreement, an Escrow Agreement, a Settlement of Received Funds, Termination of Execution and Court Proceedings etc.) so that the client’s legal position would be best protected in view of the debtor’s financial situation.