Sorainen has advised Nasdaq on the merger of the central securities depositories of Latvia, Lithuania, and Estonia into the Latvian entity Nasdaq CSD SE and its obtaining of a license to operate under the new EU regime introduced by Central Securities Depositories Regulation No. 909/2014. This allows Nasdaq CSD SE to continue to operate as the central securities depository in each of the Baltic States under a new, more robust legal framework.
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K&L Gates has advised a consortium of banks consisting of Mercurius Dom Maklerski (as global co-ordinator), mBank and Trigon Dom Maklerski (as joint-bookrunners), and mCorporate Finance and Trigon Investment Banking (as financial advisors) in connection with the sale of 51.17% of the shares of LC Corp in an accelerated bookbuilding process by shareholders Leszek Czarnecki, LC Corp BV, Getin Noble Bank, Open Finance, and Open Life. DZP reportedly advised the selling shareholders on the sale, which is valued at approximately 500 million zlotys.
CMS has advised PKO BP on the new issue of subordinated bonds for the amount of PLN 1.7 billion.