Cobalt has advised Inbank on a synthetic securitization transaction involving the European Investment Bank and the European Investment Fund.
According to Cobalt, the transaction, backed by EUR 147 million (PLN 635 million) in solar panel loans to private individuals, aims to accelerate Poland’s green energy transition and boost green lending. By providing capital relief, the deal will enable Inbank to offer up to EUR 163 million (PLN 701 million) in new, competitively priced loans to private borrowers in Poland over the next three years.
The Cobalt team included Partner Marina Kotkas, Specialist Counsel Kaarel Eller, and Senior Associate Christine Magi.
Cobalt did not respond to our inquiry on the matter.