The advisory services included comprehensive legal support related to the execution of credit agreements under which financing was provided in the form of term loans, credit lines, and guarantee lines. The funds raised will be used, among other things, to finance the buyback of the company's own shares, the expansion of the logistics centre in Palmiry, the refinancing of the company’s existing financial debt, and the further development of Wittchen S.A.’s operations.
The project was delivered by DWF Poland’s Banking and Finance team. The transaction was led by Edyta Rękawek, Senior Associate, supported by Tomasz Jabłoński, Associate, and Bartłomiej Bryła, Junior Associate. Overall supervision of the transaction was provided by Tomasz Kaczmarek, Partner, Head of the Transactional Banking at DWF Poland and Co-Head of Banking & Finance for Continental Europe.
Prof. ucz. dr hab. Rafał Woźniak, Partner in the Corporate and M&A Department provided legal advice on the corporate aspects of buying back the company's own shares. Strategic support was provided by Dr Michał Pawłowski, Managing Partner of DWF Poland.
Wittchen S.A. is a Polish company listed on the Warsaw Stock Exchange that operates in the premium goods segment. The Group engages in the retail and wholesale sale of leather goods, clothing, footwear, luggage, and travel accessories. Its operations are conducted through a network of company-owned stores, an e-commerce channel, and sales in foreign markets, including via marketplace platforms in Europe.
We would like to thank Wittchen S.A. for the trust and partnership in the execution of this transaction, conducted in close cooperation with the Client’s team, led by Marcin Szyguła, Chief Financial Officer.
Advising on a financing of this scale further demonstrates the strong market position of DWF Poland’s Banking and Finance team and its experience in supporting complex financing projects aligned with clients’ strategic business objectives.
