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SSW Pragmatic Solutions has advised a bank consortium comprising Bank Polska Kasa Opieki S.A., PKO Bank Polski S.A. and Bank Gospodarstwa Krajowego on a bank guarantee securing the repayment of a loan for the construction of the Łódź Recycling Centre, the firm announced on 21 October 2026.
The bank guarantee with a total amount of PLN 141.1 million secures the repayment of a PLN 116.3 million loan granted by the Voivodeship Fund for Environmental Protection and Water Management in Łódź to Miejskie Przedsiębiorstwo Oczyszczania Łódź sp. z o.o. for the project “Construction of the Łódź Recycling Centre – Stage I – liquidation of the waste heap”.
Chambers and Co. since 2004.
According to the firm, SSW’s advice covered the full transaction, including the preparation of the complete transaction documentation, the bank guarantee agreement and a comprehensive security package.
The transaction was handled by SSW’s Infrastructure Finance and Debt Issuance team led by partner Rafał Grochowski, with the support of Joanna Sępkowska and Monika Knothe-Pierwienis.
For detailed information, as well as the picture copyright, please see the law firm’s original article here: https://ssw.solutions/ssw-gwarancja-bankowa-141-mln-pln/
