Dentons advises CPI Property Group on its new €700 million revolving credit facility

Prague—Dentons has advised CPI Property Group (CPIPG) on its new five-year term      €700 million revolving credit facility with ten international banks, including Banco Santander, Barclays, Credit Suisse, Goldman Sachs, HSBC, J.P. Morgan, Komerční Banka, Raiffeisen Bank AG, UniCredit and Bank of China. The new facility will replace CPIPG's existing €510 million revolving credit facility.

CPIPG is the leading owner of income-generating real estate in the Czech Republic, Berlin, and the Central and Eastern Europe region.

Over the last two years, Dentons has advised CPIPG on several high value deals, including multiple financing and capital markets transactions worth close to €4 billion, and real estate acquisitions in Poland with a combined value in excess of €800 million.

Partners Jiří Tomola (Prague) and Catherine Astruc (London) led on the matter with assistance from senior associates Martin Manduľák (Prague) and Adam Jones (London).

About Dentons

Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic. www.dentons.com