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05.08.2024
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DZP has advised Bank Polska Kasa Opieki S.A. in a process to provide financing for the construction of a new, fourth exhibition and congress hall and a 160-room three-star hotel as part of the AMBEREXPO complex. It will be the first venue in Gdansk to accommodate auditorium-style events with a capacity of up to 1,000 people. The hall, with an area of almost 4,000 square metres, is due to be put into use in July 2025. The hotel is scheduled to open in 2026.
The financing provided to Międzynarodowe Targi Gdańskie by Bank Pekao will support the company's ability to organise trade fair and congress events in Gdańsk. The facility that will be created due to the cooperation between the two entities will also be designed for television and film production, thus contributing to the economic development of the city and the region.
The transaction was handled by DZP lawyers from the infrastructure financing and debt issue team: Rafał Grochowski, Partner, Monika Knothe-Pierwienis, Senior Associate, and Joanna Sępkowska, Senior Associate. Our advisers were responsible for preparing and negotiating all the financial documentation for the transaction between Bank Pekao S.A. and Międzynarodowe Targi Gdańskie S.A.