Capital Markets

Ukrainian Capital and Commodity Markets: Enhancement to Regulator’s Powers and Other Regulatory Developments

On 27 April 2024, the Law of Ukraine, titled “On Amendments to the Law of Ukraine ‘On State Regulation of Capital Markets and Organised Commodity Markets’ and Certain Other Statutory Acts of Ukraine Concerning Regulation and Supervision of Capital Markets and Organised Commodity Markets” (the Law), came into effect.

Bernitsas Advises Vivartia Holdings SMSA on EUR 25 Million Bond Loan

Bernitsas has advised Vivartia Holdings SMSA on the issue of a EUR 25 million bond loan.

Bernitsas Advises Citigroup Global Markets on Placement of Shares in Jumbo SA

Bernitsas has advised Citigroup Global Markets Limited on the successful placement of 4 million shares (amounting to approximately 3%) in Jumbo SA.

White & Case Advises Enea on PLN 2 Billion Bond Issuance

White & Case has advised Enea on the issuance of PLN 2 billion bonds with the rate of interest tied to ESG criteria.

Clifford Chance and Dentons Advise on Premier Energy's RON 700 Million IPO

Clifford Chance Badea has advised Premier Energy on its IPO and listing on the Bucharest Stock Exchange amounting to approximately RON 700 million. Dentons advised the bookrunners. Moldova's Turcan Cazac and Cyprus' Chrysses Demetriades & Co reportedly advised the bookrunners as well.

Schoenherr and Binder Groesswang Advise on Verbund EUR 500 Million Green Bond Issuance

Schoenherr, working with Linklaters, has advised joint ESG structuring agents Barclays and JP Morgan and joint bookrunners BofA Securities, Raiffeisen Bank International, and Santander CIB on Verbund's EUR 500 million issuance of 3.25% green bonds due 2031. Binder Groesswang, working with White & Case, advised Verbund.

Paksoy, White & Case, and GKC Partners Advise on Vestel Elektronik USD 450 Million Note Issuance

Paksoy has advised the joint bookrunners on Vestel Elektronik's USD 450 million issuance of fixed-rate senior guaranteed notes due 2029. White & Case and local affiliate GKC Partners advised Vestel Elektronik.