Glatzova & Co. has advised J&T Banka a.s. and J&T IB Capital Markets a.s. on preparation of the CZK 300 million book-entry bonds issue. The issuer is Natland, a residential investment fund with variable basic capital.
According to Glatzova & Co. the book-entry bond issue could increase the issue by 50%. The bonds will be opened to trading on the Prague Stock Exchange, a.s.
The Czech National Bank approved the prospectus for the issue on May 15, 2019, and its decision came into force on May 16, 2019.
J&T Banka is a private bank that helps clients protect their assets, increase their assets' value, and pass the assets on to the next generation.
J&T IB Capital Markets has been providing investment banking services and advisory in the region of Central and Eastern Europe, especially in the Czech and Slovak Republics, since 2010. The company focuses on debt capital market, equity capital market, and corporate financial transactions.
Natland is an investment group that supports projects focusing on modern technology and services both inside and outside of finance.
The Glatzova & Co. team was led by Partner Libor Nemec.
Glatzova & Co. did not provide additional information on the deal.