Capital Markets

NBU Grants Eurobonds Repayment Relief for Major Ukrainian Corporate Issuers

With effect from 11 July 2024, the National Bank of Ukraine (“NBU”) introduced a long-awaited exemption from the moratorium on foreign currency cross-border transfers (“Moratorium”). This exemption is expected to facilitate the repayment of Eurobonds by major Ukrainian corporate issuers, which had faced significant challenges in making payments under their Eurobonds since the beginning of the full-scale russian invasion of Ukraine on 24 February 2022.

White & Case Advises PKO Bank Hipoteczny on PLN 500 Million Mortgage Covered Bonds Issuance

White & Case has advised PKO Bank Hipoteczny on its PLN 500 million issuance of mortgage-covered bonds due July 4, 2028, with Erste Group and PKO Bank Polski acting as joint bookrunners.

Gessel Advises Cavatina Holding on PLN 25 Million Bonds Public Offering

Gessel has advised Cavatina Holding on a prospectus-based public offering of series P2024A bonds with a total value of PLN 25 million.

Filip & Company Advises Arobs on Capital Increase

Filip & Company has advised Arobs Transilvania Software on the share capital increase operation through which it has raised EUR 28.7 million.

Schoenherr and CMS Advise on Breiteneder Immobilien Parking Group's Notes Deals

Schoenherr has advised Erste Group Bank on Breiteneder Immobilien Parking Group's invitation to existing holders to exchange their notes issued in 2018 for the recently issued Breiteneder Immobilien Parking 4.875% notes 2024-2030. The firm also advised Erste Group Bank as the lead manager and Oberbank as co-lead manager on the subsequent successful tap issue of the 2024-2030 notes. CMS advised the issuer.

Dentons Advises the Republic of Lithuania on EUR 1 Billion Bond Issuance

Dentons has advised the Republic of Lithuania on its EUR 1 billion bond issuance. Reportedly, TGS Baltic advised the Republic of Lithuania as well while Freshfields Bruckhaus Deringer and Sorainen advised the underwriters.