CMS Advises UniCredit Bank on Major Refinancing of BigBoard Praha

"CMS advised UniCredit Bank Czech Republic and Slovakia on the refinancing of BigBoard Praha a.s., consolidating the BigBoard Group's external indebtedness — including existing bond debt — into a single facilities agreement across a complex structure with 17 participating entities. BigBoard is the Czech Republic’s leading premium outdoor advertising operator."

CMS advised UniCredit Bank Czech Republic and Slovakia on the refinancing of BigBoard Praha a.s. The transaction consolidated all external indebtedness of the BigBoard Group, including the existing bond debt, under a single facilities agreement. The refinancing was implemented through a complex structure involving 17 participating entities and successfully centralised the Group’s liabilities into one financing arrangement. Founded in 1993, the BigBoard Group is the Czech Republic’s largest operator of premium outdoor advertising, commanding roughly 70% market share and generating annual turnover of around CZK 2 billion. The Group’s extensive portfolio covers prime locations nationwide, including the Prague metro and major public transport hubs. This significant refinancing underscores the scale of the Czech advertising sector while reaffirming CMS’s role as adviser on high-value, complex financial transactions. CMS represented UniCredit Bank Czech Republic and Slovakia with a team composed by: Petra Mysakova, Partner and Head of Banking & Finance at CMS Prague; David Bujgl, Banking & Finance; Matej Eberle, Banking & Finance.

CMS Advises UniCredit Bank on Major Refinancing of BigBoard Praha

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