CTL Logistics Secures Financing with Bond Issuance Advised by Top Firms
Deal News | Jun 06, 2025 | CEE Legal Matters
Law firms Greenberg Traurig, Clifford Chance, CMS, and Wardynski & Partners have provided legal advisory on a significant bond financing transaction for CTL Logistics. The financing, facilitated by a senior secured bond issuance, saw private debt funds managed by CVI and Flexam Invest at the forefront. The transaction enabled CTL Logistics to refinance its existing indebtedness, with Greenberg Traurig acting for CVI and Flexam Invest. Flexam Invest, which recently became part of Kartesia Group, made its first market entry in Poland through this deal. The legal teams were spread across various regions, with Greenberg Traurig's team based in Warsaw and Berlin, and other law firms drawing expertise from their Polish teams. The deal emphasizes the ongoing importance of structured private debt solutions in Central Europe’s finance sector.
Sectors
- Financial Services
- Logistics
- Legal Services
Geography
- Poland – Poland is a significant location for this transaction as CVI, Flexam Invest, and CTL Logistics are operating in the Central European market, specifically in Poland where Flexam Invest enters for the first time.
- Central Europe – This region is relevant due to the operations of CVI, which specializes in structured private debt solutions across Central Europe.
Industry
- Financial Services – Involves private debt management and structured debt solutions provided by CVI and Flexam Invest.
- Logistics – Involves CTL Logistics, which is utilizing bond financing to refinance its indebtedness.
- Legal Services – Involves legal advisory services from Greenberg Traurig, Clifford Chance, CMS, and Wardynski & Partners in facilitating the bond issuance.
Financials
- Nearly EUR 1 billion – Assets under management by CVI.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CTL Logistics | Target Company | Company | Recipient of the bond financing, which refinances its existing indebtedness. |
| CVI | Private Debt Asset Manager | Company | Warsaw-based manager focusing on structured private debt solutions in Central Europe. |
| Flexam Invest | Private Debt Asset Manager | Company | Focused on B2B real asset financing with a decarbonization angle, part of the Kartesia Group. |
| Greenberg Traurig | Legal Advisor for CVI and Flexam Invest | Company | Provided legal advice on the bond issuance for CVI and Flexam Invest. |
| Clifford Chance | Legal Advisor for CTL Logistics | Company | Provided legal advice for CTL Logistics. |
| CMS | Legal Advisor for CTL Logistics | Company | Provided legal advice for CTL Logistics. |
| Wardynski & Partners | Legal Advisor for Flexam Invest | Company | Provided legal advice for Flexam Invest. |