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Allen & Overy and White & Case Advise on UniCredit Bank's EUR 500 Million Green Bond Issuance in Czech Republic

Allen & Overy and White & Case Advise on UniCredit Bank's EUR 500 Million Green Bond Issuance in Czech Republic

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Allen & Overy has advised the UniCredit Bank Czech Republic and Slovakia on its EUR 500 million issuance of green mortgage-covered bonds. White & Case advised global coordinator UniCredit Bank AG as well as the joint lead managers.

Commerzbank Aktiengesellschaft, Danske Bank, Erste Group Bank, ING Bank Amsterdam, Landesbank Baden-Wuerttemberg, and UniCredit Bank AG acted as bookrunners and joint lead managers on the issuance. The bonds were placed with international investors.

According to Allen & Overy, "the issuance is a testament to UniCredit Bank’s commitment to ESG elements, with funds of the deal allocated to eligible projects in line with the respective Sustainability Bond Framework of UniCredit Group."

Back in October 2022, both Allen & Overy and White & Case had also advised on UniCredit Bank Czech Republic and Slovakia's previous EUR 500 million issuance of mortgage-covered bonds (as reported by CEE Legal Matters on October 26, 2022).

The Allen & Overy team was led by Partner Petr Vybiral and included Senior Associate Tomas Kafka and Junior Lawyer Jan Mourek.

The White & Case team was led by Prague-based Partner Petr Hudec and included Counsel Petr Smerkl and Associate Jan Vacula, as well as lawyers from the firm's Frankfurt office.

Czech Republic Knowledge Partner

PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.

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