Largest European LBO wins award

The pivotol Polkomtel/Zygmunt Solorz-Zak leveraged buyout, which is the largest LBO from any part of Europe since before the financial crisis, secures a Euromoney Deals of the Year 2011 award

Polkomtel/Zygmunt Solorz-Zak
Value Z18.1 billion ($5.4 billion) LBO
Global coordinators Deutsche Bank, Crédit Agricole
Bookrunners Deutsche Bank, Crédit Agricole, Royal Bank of Scotland, Société Générale
return to the Emerging Europe Deals of the Year index

Of all the emerging regions, Central and Eastern Europe suffered the most for the sins of its allegedly more advanced neighbours last year. As the eurozone’s troubles escalated, fear of contagion sent investors running for cover and all but the strongest names found themselves shut or priced out of the global capital markets.

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