KSB Advises on Establishing Eva Pavlová’s and Václav Cigler’s Endowment Funds

While Czech First Lady Eva Pavlová’s Endowment Fund is focused on philanthropic projects which support families, Václav Cigler’s Endowment Fund is primarily dedicated to the artistic legacy of Václav Cigler, one of the most significant contemporary Czech sculptors and architects. Both projects were exceptional in terms of the personalities of their founders, as well as their purpose and broader social significance.
We are pleased to have had the opportunity to provide advice on these projects and wish them every success in achieving their goals.
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KŠB Assisted with the Refinancing of the BigBoard Group, a leading player in the premium outdoor advertising market
Our team provided legal advice to BigBoard Praha, a leading player in the premium outdoor advertising market in the Czech Republic, in connection with its refinancing. Founded in 1993, the BigBoard Group is the largest provider of premium outdoor advertising in the Czech Republic, with an approximately 70% market share and annual turnover of around CZK 2 billion. Its advertising media cover key locations across the country, including the Prague metro and major transport hubs.
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The KŠB team provided legal advice to the investment group Sandberg Capital on the completion of a majority investment in HotelTime Solutions, one of the leading providers of cloud-based software for hotel operations management.
KŠB assisted Seyfor with the extension of its financing provided by Raiffeisenbank, Tatra banka and, newly, Slovenská sporiteľňa.
The KŠB team provided legal advice to its long-standing client Seyfor in connection with the continuation and expansion of its syndicated financing. The existing lending banks, Raiffeisenbank Czech Republic and Tatra banka, decided to continue supporting Seyfor’s growth, with Slovenská sporiteľňa joining the financing as a new lender.