White & Case has advised issuer PKO Bank Hipoteczny and joint bookrunners Erste Group Bank and PKO Bank Polski on PKO Bank Hipoteczny's second PLN 500 million issuance of mortgage-covered bonds in 2023.
According to the firm, "the bonds mature on June 26, 2026, and represent the second issuance of PLN-denominated covered bonds under PKO Bank Hipoteczny's EUR 4 billion international covered bond program in 2023 [...] The bonds are listed on the Luxembourg Stock Exchange and will be listed on the Warsaw Stock Exchange."
White & Case also advise the parties on PKO Bank Hipoteczny's previous 2023 issuance of mortgage-covered bonds with a total value of PLN 500 million (as reported by CEE Legal Matters on February 15, 2023).
The White & Case team included Partner Marcin Studniarek, Local Partner Bartosz Smardzewski, and Associate Michal Truszczynski.