The financing was provided by a consortium of banks comprising Bank Gospodarstwa Krajowego, Erste Group Bank AG, HSBC Continental Europe, mBank (ESG Coordinator), Bank Pekao S.A. (Security Agent), PKO Bank Polski (Facility Agent) and Société Générale Branch in Poland.
Solaris Bus & Coach is a leading European bus and trolleybuses manufacturer and focuses its operations on the development of zero-emission and low-emission vehicles, contributing to the transition towards sustainable transport. The company’s leading market position is confirmed by its number one position in the European zero-emission bus market, including electric and hydrogen vehicles, as well as its presence in 33 countries and 850 cities across Europe and beyond.
The increased financing is a continuation of the financing structure previously implemented by the company and has been designed to support the delivery of Solaris’ long-term strategic objectives. The new structure enables the efficient financing of further growth, contract execution and the development of a product offering that responds to growing demand for zero-emission public transport.
Solaris is part of the Spanish CAF Group (Construcciones y Auxiliar de Ferrocarriles), which designs and supplies rail vehicles and comprehensive transport systems for sustainable mobility.
PwC acted as the company’s financial advisor, providing services related to the development and implementation of the company’s new financing strategy. With PwC’s support, the company now has a financial structure tailored to its needs and supporting its growth strategy through 2030. Clifford Chance acted as legal advisor to the company, while A&O Shearman acted as legal advisor to the banks.
The transaction was led by PwC’s Debt and Capital Advisory team, comprising Łukasz Kobyszewski, Andrzej Kopyrski, Tomasz Nidental and Alicja Jasińska.
Led by Michał Szyk and Roman Lisiecki, PwC’s Debt and Capital Advisory team advises businesses on financing strategies and supports clients in securing and implementing funding solutions tailored to their strategic and operational needs.