Greenberg Traurig has advised BNP Paribas Bank Polska and its French main shareholder, BNP Paribas, in the public offering of shares of BNP Paribas Poland listed on the Warsaw Stock Exchange.
The value of the offer was PLN 231.2 million (approximately EUR 55 million).
Citigroup Global Markets Limited and Dom Maklerski Banku Handlowego acted as global coordinators and BNP Paribas France acted as a joint bookrunner. In the transaction, 5,026,539 shares were offered and sold for a total value of PLN 231.2 million to retail and institutional investors in and outside of Poland, including outside of the United States pursuant to Regulation S.
According to Greenberg Traurig, the firm "provided comprehensive legal counsellng services to BNP Paribas Bank Polska and BNP Paribas France in connection with the preparation and implementation of the issue of BNP Paribas Bank Polska shares by the way of a public offer, participated in devising the structure of the deal and preparing the relevant documentation, including the prospectus."
The Greenberg Traurig team was led by Warsaw Partner Ireneusz Matusielanski, with Partner Federico Salinas advising on U.S. law matters and issues relating to international market practice. The team also included Senior Associate Mateusz Chmielewski and Associates Adam Puchalski, Dorota Jenerowicz, Marek Kleczek and Piotr Platnerz. James Mountain, Partner in Greenberg Traurig’s London office, advised on English law matters.
Matusielanski claimed that "the structure of this transaction was quite interesting as it was preceded in 2013 by a share capital decrease effected through a reduction of the nominal value of the shares,”
The global coordinators were represented by Allen & Overy.
