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Transactions

KGHM Polska Miedz second funding from the European Investment Bank (EIB)

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SEPTEMBER 2014

KGHM Polska Miedz second funding from the European Investment Bank (EIB)

Shortly after the signing of a USD 2.5 billion investment loan agreement, KGHM Polska Miedz announces the completion of another major financing project.

Legal advisors:

Gide’s Warsaw office provided legal advice to the world’s leading copper producer on the signing of an agreement with the European Investment Bank (EIB) for a 12-year unsecured loan of PLN 2 billion (equivalent to approximately USD 640 million). Through this loan KGHM intends to finance the costs of modernising smelter installations and the extension of the “Zelazny Most” waste incineration facility. KGHM states that this is the next step towards consolidating financing for the KGHM Capital Group’s strategic investments.

This new legal assistance comes less than one month after Gide had completed work on another large financing project for KGHM, namely an investment loan agreement worth USD 2.5 billion for general corporate purposes, signed with a consortium of Polish and international banks.

Gide’s work was coordinated by partners Dariusz Tokarczuk and Pawel Grzeskowiak. The team included also Marta Karminska.

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The transaction is a continuation of the long-standing co-operation between KGHM and Gide Warsaw. For example, less than a month ago, Gide completed work on another large financing project for KGHM, namely an investment loan agreement worth USD 2.5 billion for general corporate purposes, signed with a consortium of Polish and international banks. LM

This announcement appears as a matter of record only KGHM Polska Miedz.indd 1

Lafarge, Holcim discuss fast-track merger

Legal advisors: Brazil’s antitrust authority Advisors:

Norton Rose Fulbright LLP is assisting Holcim in the merger control procedure in Morocco regarding its contemplated worldwide combination with the Lafarge group.

Legal counsel to Lafarge: Legal counsel to Holcim:

The Holcim and Lafarge planned merger is a merger of equals to create LafargeHolcim, the most advanced and innovative Group in the building materials industry. The new company would have a market capitalization of around $50 billion. LM

Advisor to Holcim on French Law aspects:

29/08/2014 12:06

Lafarge, Holcim discuss fast-track merger

Holcim and Lafarge are holding talks with the European Union (EU) in a bid to obtain fasterapproval of their merger plan. The respective companies remain confident that any possible EU competition concerns can be addressed.

The merged company will potentially have assets across the globe including France, Germany, Austria, Brazil, Britain, Canada, and Morocco to name a few.

This announcement appears as a matter of record only www.lawyer-monthly.com

Lafarge Holcim

KGHM Polska Miedz

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