Radek Kraus

Local Partner, Prague

Biography

Overview

Radek is a local partner of the Prague office, primarily specializing in acquisition and real estate finance and legal advice to banks. He provides ongoing advisory services to major financial institutions and companies in connection with international and domestic financial transactions. In his practice, he has mainly been engaged in the drafting and negotiation of contractual documentation.

Radek also has comprehensive experience in corporate law, insolvency proceedings and dispute resolution.

Radek also specializes in the provision of legal services to German-speaking clients.

Bars and Courts
Czech Bar Association
Education
JUDr
Charles University Law School
Prague
Mgr
Charles University Law School
Prague
Erasmus Program
Universität Hamburg
Hamburg, Germany
Languages
Czech
English
German

Experience

Advised a club of eight international commercial banks and international financial institutions in connection with a financing of up to €291 million for the construction of the 461MW VIFOR wind farm in Romania, which, once fully constructed and operational, will be one of Europe's largest onshore wind farms. This transaction is the first financing for Rezolv Energy, an Actis platform.

Advised CTP, Europe's largest publicly listed owner, developer, and manager of logistics and industrial properties by gross leasable area, on the refinancing of the construction of more than 35 logistics and industrial buildings. The financing was provided by Tatra Banka. The syndicated loan amounted to EUR 278 million. This transaction is one of the largest real estate transactions in the Slovak market.

Represented Komerční banka, a.s., as lead arranger, agent, and security agent and lender, and UniCredit Bank Czech Republic and Slovakia, a.s., as arranger and lender, on the EUR 100,000,000 financing for CTP Vlněna (member of CTP Group).

Represented Crestyl, a Czech developer and investor, in relation to acquisition of the remaining 50% stake in one of Poland's largest residential developers Spravia (formerly Budimex Nieruchomości) from Cornerstone Partners, giving it full control of the company. The White & Case team advised both on the acquisition and related financing aspects.

Represented UniCredit Bank Czech Republic and Slovakia, a.s. and Raiffeisenlandesbank Oberoesterreich Aktiengesellschaft in connection with financing provided to Máj Národní a.s. in connection with reconstruction and development of multi-purpose center Máj, department store located in Prague. This transaction is arguably the most complex real estate development financing recently completed in the Czech Republic.

Represented a banking club consisting of Erste Group Bank AG and Slovenská sporiteľňa, a. s. in connection with the financing for industrial parks in Slovakia owned and developed by CTP, the largest listed owner of logistics and industrial real estate by GLA in Europe. This transaction was CTP's first ever financing of a purely Slovak portfolio, and first ever logistics portfolio of similar size ever done in Slovakia.

Representation of České dráhy, a.s., in acquisition financing provided by Raiffeisenbank, a.s., VÚB a.s., and UniCredit Bank Czech Republic and Slovakia, a.s. in the amount of CZK 8.5 billion.

Represented Československá obchodní banka, a. s., VÚB Banka and Raiffeisenbank a.s. in connection with CZK 7 billion financing provided to Letiště Praha, a.s. The objective of the financing was to strengthen the company's financial stability in light of the major adverse impact of Covid-19 pandemic on the company's operations and to finance its planned sustainable development.

Assisted Wood & Company in connection with its acquisition of the majority stake in a company, which owns Aupark Bratislava Shopping Centre, a well-known shopping destination in Bratislava. The services included advice with arranging and obtaining an acquisition loan of EUR 229.5 million, one of the highest amounts in the Slovak real estate market, for refinancing of debt of Aupark Bratislava.

Advising MVM Group, Hungary's state-owned energy group, on its acquisition of the entire share capital in innogy Česká republika, a.s. from innogy Beteiligungsholding GmbH, a member of the innogy/E.ON Group. MVM Group is a sovereign-owned integrated energy company with the highest market share in the national electricity and gas markets in Hungary.

Represented Eurowag in its inaugural EUR 310 million syndicated financing provided by club of Czech and international banks. Financing was provided by BNP Paribas S.A., Citibank Europe plc, Česká spořitelna, a.s., Československá obchodní banka, a. s., HSBC Bank plc, Komerční banka, a.s., Raiffeisenbank a.s. and UniCredit Bank Czech Republic and Slovakia, a.s.

Represented Československá obchodní banka, a.s., in connection with the provision of financing to Abris Capital Partner for the acquisition of AAA Auto Group.

Advising Erste Group Bank AG, Česká spořitelna, a.s., UniCredit S.p.A., UniCredit Bank Czech Republic and Slovakia, a.s., Société Générale S.A. and Komerční banka, a.s. as mandated lead arrangers in connection with syndicated financing provided to CTP Group, one of the largest industrial developers in the CEE region, for the purposes of refinancing the existing financial indebtedness of certain property companies within CTP Group that operate logistic parks in the Czech Republic. At an amount of €1.9 billion, this is one of the largest real estate financings in the CEE region.

Advising UniCredit Bank Czech Republic and Slovakia, a.s., in relation to increase of facilities provided by syndicate of banks to Czech borrowers belonging to Dr. Max group owned by Penta. Financing was provided to Česká lékárna, a.s. and Baramoore International s.r.o. for general corporate purposes, intra-group lending and payment of dividends to the parent.

Advising PPF Group, one of the largest investment and finance groups in Central & Eastern Europe, on its EUR 2.8 billion acquisition of Telenor's telecommunications assets in Central & Eastern Europe, the largest M&A transaction in the CEE telecoms sector, and the largest loan syndication in the region, since 2011.

Publications

Co-author "Banking and Finance. General Practice", C.H. Beck, 2023