Global law firm Dentons has advised EP Infrastructure (“EPIF”) on the issuance of its inaugural German law governed €182.5 million Schuldschein loan. This was one of the largest Schuldschein transactions placed by a CEE borrower in the past year. The terms of the floating rate loan agreements are five and seven years. Commerzbank AG and Raiffeisen Bank International AG acted as arrangers. EPIF will use the proceeds from this transaction for its general corporate purposes.

EP Infrastructure is a leading European energy infrastructure utility with principal operations in the Slovak Republic and Czech Republic. The company is focused on gas transmission, gas and power distribution, heat and power generation and gas storage. Measured by EBITDA, the group is among the five largest industrial groups based in the Czech Republic.

This work builds on a long-standing relationship between EPIF and Dentons partners Petr Zákoucký (M&A / Energy, Prague) and Nick Hayday (Capital Markets, London). A Dentons team, led by partner Cameron Half (Capital Markets and US Securities Laws, London), also recently advised EP Energy on a cash tender for high yield bonds.

Advisors to EP Infrastructure (transaction counsel – structuring and documentation): Dr. Arne Klüwer (Partner, Frankfurt, Banking & Finance), Matthias Eggert (Partner, Munich, Banking & Finance), Petr Zákoucký (Partner, Prague, M&A / Energy), Nick Hayday (Partner, London, Capital Markets), Tobias von Gostomski (Counsel, Frankfurt, Banking and Finance) and Jiří Tomola (Partner, Prague, Banking & Finance / Restructuring).

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