NewsAllen & Overy advise Accolade Fund SICAV plc on refinancing

Allen & Overy has announced that it has advised Accolade Fund SICAV plc in relation to up to EUR 120 million refinancing of the existing indebtedness of its whole real estate portfolio in the Czech Republic and development of certain logistic halls provided by Československá obchodní banka, a.s. and UniCredit Bank Czech Republic and Slovakia, a.s.

Accolade Group invests in first-class warehousing facilities focusing on sustainable development in top location and is one of the fastest growing businesses in the Czech Republic. The parties used Legatics, a product developed in collaboration with Allen & Overy’s tech innovation space, to manage the CP satisfaction process for hundreds of individual deliverables.

The A&O team was led by counsel Silvie Horáčková working with counsel Petra Myšáková, associates Lucie Sivá, Barbara Midová and junior lawyer Viktor Vráblík.