Ellex has advised the LHV Group on its EUR 35 million public issuance of subordinated bonds.
ESG Takes Center Stage in Shaping the Czech Real Estate Market
With ESG having been a buzzword in the Czech real estate market for a few years now, Clifford Chance Partner Emil Holub, Kocian Solc Balastik Partner Jiri Hornik, VIDD Partner Ondrej Hampl, Taylor Wessing Counsel Radka Nenickova, and Act Legal Czech Republic Partner Tomas Slaby look at how ESG principles are being applied in practice and in what areas there is still room for improvement.
Greenberg Traurig and Baker McKenzie Advise on Cyfrowy Polsat Series E Bond Issuance
Greenberg Traurig has advised Cyfrowy Polsat on the issuance of sustainability-linked series E bonds with an aggregate nominal value of PLN 820 million. Baker McKenzie advised the Trigon Brokerage House, Bank Pekao, and Santander Bank Polska on managing the issuance.
White & Case Advises Asseco Poland on PLN 1.2 Billion Shares Buy-Back
White & Case has advised Asseco Poland on a shares buy-back via an invitation for current shareholders to submit offers for the sale of their shares.
Clifford Chance Advises on mBank’s EUR 750 Million EUR Green Bonds Issue
Clifford Chance has advised Commerzbank and other joint lead managers on the issue of green senior non-preferred bonds with a total nominal value of EUR 750 million by mBank. Reportedly, Allen & Overy advised mBank.
Paksoy Advises on Ebebek Magazacilik IPO
Paksoy has advised Turkish baby goods retailer Ebebek Magazacilik on its TRY 1.86 billion IPO.
BRSA Clarifies Turkish Lira Loan Restrictions
On 21 October 2022, the Banking Regulatory and Supervisory Authority (“BRSA”) published BRSA Decision No. 10389 (“Tightening Decision”) to tighten the restrictions set forth under the BRSA Decision No. 10250 dated 24 June 2022 (“Restriction Decision”), which introduced Turkish lira borrowing restrictions for non-financial institutions that are subject to independent audit and BRSA Decision No. 10265 dated 7 July 2022 (“Decision No. 10265” and together with Tightening Decision and Restriction Decision, “Decisions”), which in turn aims to clarify and ensure the effective application of the Restriction Decision.