White & Case Advises on Rohlik.cz Group’s Notes Issuance

White & Case Advises on Rohlik.cz Group’s Notes Issuance

Czech Republic
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

White & Case has acted as transaction counsel on Rohlik.cz Finance's issue of CZK 777 million 6.6% guaranteed and secured notes due 2023, with the option to increase to CZK 1.166 billion.

J&T IB and Capital Markets, a.s. acted as an arranger and J & T BANKA, a.s. acted as manager, agent, and security agent in the deal.

Rohlik.cz Finance is a member of the Rohlik.cz group, which operates an online supermarket in the Czech Republic, serving customers through its subsidiary Velka Pecka s.r.o.

According to White & Case, to allow the issuer a quick access to the market, the transaction involved an initial private placement in January 2019, followed by a subsequent publication of a prospectus for the purposes of listing of the notes on the regulated market of the Prague Stock Exchange, which was completed in April 2019. 

The White & Case team was led by Local Partner Petr Hudec, supported Associates Petr Smerkl and Erik Illmann.