CGL, a leading global private equity and infrastructure investment manager, has secured a EUR 110 million term loan facility through its seven Slovak and one Luxemburg subsidiaries to support its logistics operations in Slovakia and Luxembourg.
The facility, provided by China Merchants Bank (Europe) S.A. and China Merchants Bank Co., Ltd., Luxembourg Branch, will be used for general corporate purposes and to refinance existing loans and is backed by a comprehensive security package, including mortgages over logistics parks in Slovakia, pledges over receivables and accounts, and share pledges across all borrower entities.
CMS advised CGL on all legal aspects of the transaction, including structuring, documentation and cross-border coordination. Natália Jánošková (Partner) led the transaction, coordinating the project across CMS Slovakia and CMS Luxembourg. The core team included Andrej Čierny (CMS Slovakia) and Vivian Walry, Rossana Tsenova and Delia Nesbitt (CMS Luxembourg).
'We are proud to have supported CGL on this important refinancing. The transaction involved a complex, multi-jurisdictional structure (across Slovakia, Luxemburg, Hong Kong and Hungary), and we are pleased to have delivered seamless legal execution. It was a pleasure working with the CGL team,” said Natália Jánošková, partner at CMS Slovakia.
About CGL
CGL is a leading global private equity and infrastructure investment manager. Backed by strong, long-term capital investors, CGL began focusing on the global logistics and warehouse development sector in 2018. The company currently owns and develops over 1.5 million square metres of logistics warehouse space across Europe and Asia. Headquartered in Hong Kong, CGL operates with a team of around forty investment professionals in China, Hungary, Poland, Slovakia, Spain and the Czech Republic. The company's mission is rooted in the principles of value, growth, integrity, and partnership.
