Advice on Billion-Crown Refinancing of FIDUROCK Group
FIDUROCK Group is engaged in developing, acquiring and operating retail parks in the Czech Republic and Slovakia. The Group has been building up a portfolio of retail parks and development projects whose total property value exceeds CZK 3.1 billion. To date, its portfolio includes 11 retail parks with a leasable area of over 115,000 sqm, which it owns and leases out. Two other projects are currently underway. To manage its real estate portfolio, FIDUROCK hires major international real estate companies and experienced consultants, which helps to increase the value of the projects it acquires. In addition to real estate, FIDUROCK operates the unique VOIX audio & cinema showroom in the centre of Prague and the long-established Zlati Grič winery located in Slovenia's award-winning wine region.
The refinancing was carried out in close cooperation with J&T Bank, which provides, among other things, a listing on the Prague Stock Exchange. In addition to refinancing the existing financing, the funds raised will be used to acquire new projects that meet the Group's strict criteria.
For more information, click here.
Other articles
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.
KŠB Assisted Sandberg Capital with a Majority Investment in HotelTime Solutions
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.
