January 2024 – Kinstellar has recently advised a consortium of lenders on the Romanian, Czech and Hungarian legal aspects of a EUR 800 million financing agreement with fast-food operator AmRest. Led by Banco Santander, S.A. as agent, the group of lenders includes Bank Polska Kasa Opieki S.A., Powszechna Kasa Oszczędności Bank Polski S.A., Česká spořitelna, a. s., ING Bank Śląski S.A., Banco Bilbao Vizcaya Argentaria, S. A., Banco Santander, S.A., Banco Santander (Poland), BNP Paribas (Poland), and Rabobank.
AmRest is one of the leading publicly listed restaurant operators in Europe, with a portfolio of recognisable brands in 25 countries. The company operates restaurants under franchise brands such as KFC, Starbucks, Pizza Hut and Burger King, as well as under private labels such as La Tagliatella, Sushi Shop, Bacoa and Blue Frog.
Kinstellar’s assistance was coordinated by Magdalena Raducanu (Special Counsel, Head of Banking & Finance) and Razvan Constantinescu (Managing Associate) in Romania, where the team also included Adelina Seserman and Cosmin Mitrica (Associates). They worked closely with colleagues in the Czech Republic—Martina Březinová (Counsel) and Dominik Čtvrtníček (Junior Associate)—and in Hungary—Levente Hegedűs (Partner), Veronika Heiszer (Junior Associate) and Kinga Farkas (Junior Associate).
Magdalena Raducanu, Special Counsel and Head of the Banking & Finance in Romania as well as Co-head of the firm-wide service line, comments: “Congratulations to all parties involved for the great work performed! We are delighted to team-up again with Linklaters for this transaction. The deal adds to our lengthy track-record of landmark financing mandates, not only at local, but also at the regional level, with our teams working in a seamless manner across jurisdictions”.