End to 2024 for our transactional banking team
- Česká spořitelna and Československá obchodní banka: Financing of the Prague Public Transport Company (PPTC) through a promissory note program of up to CZK 8 billion, which may be used for the future renewal of PPTC's vehicle fleet.
- J&T Banka: Advising on a guarantee limit agreement with the Second Foundation for the provision of bank guarantees to transmission system operators, electricity exchanges, and direct marketing counterparties across multiple jurisdictions in Europe.
- Československá obchodní banka: Financing for the BLOCK Group companies, intended for their general corporate purposes.
- J&T Banka: Financing of Torus Gdynia in Poland (a development in Gdynia), marking another significant step in J&T’s expansion in the Polish market.
- J&T Banka: Continuing its financing of the Lordship Group in Slovakia. Following itssupport for the project’s acquisition, J&T Banka is now financing the firstphase of residential development at Kamenné náměstí in Bratislava.
A huge thank you to our clients and colleagues for their trust and collaboration! All these transactions were led by counsel Ivo Průša, with the head of the department and managing partner Martin Krejčí, senior associate Josef Kříž, associate Tomáš Trávníček, and other outstanding members of Kocián Šolc Balaštík’s banking and finance team.
Other articles
KŠB "Scores" Major Infrastructure Win: The New Ball Sports Centre in České Budějovice
KŠB has advised on the execution of a construction contract for the Ball Sports Centre in České Budějovice, a major public infrastructure project set to become a new landmark for sport and community life in the region.
Suburbanization Trends and Sustainable Commuting: Will the Construction Act Amendment Change the Landscape?
The discussion surrounding the current proposal to amend the Construction Act (Parliamentary Print 67) has moved to the committee stage in the Chamber of Deputies following its first reading. The primary declared objective is the acceleration of construction, particularly regarding residential buildings. The shortage of affordable housing remains a pressing issue in major cities, both in the Czech Republic and abroad, giving rise to the pervasive trend of suburbanization. This raises the question: does the proposed amendment truly have the ambition to reverse this trend, and will an increase in housing construction alone suffice?
Success for KŠB’s Litigation Team
KŠB’s litigation team, led by Pavel Dejl and Hana Dejlová, has achieved a significant victory for a long-standing client in a dispute with the Czech Ministry of Justice concerning excessively lengthy court proceedings.
