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Cobalt and Eversheds Sutherland Advise on Coffee Address's EUR 5 Million Bond Issuance

Cobalt and Eversheds Sutherland Advise on Coffee Address's EUR 5 Million Bond Issuance

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Cobalt has advised Coffee Address Holding on its EUR 5 million unsecured bond issuance. Eversheds Sutherland Bitans advised on collateral agent matters and undertook collateral agent functions for the term of the bonds. Signet Bank was the arranger of the issuance.

"The bonds were offered to investors through a private placement, and are scheduled to be included in the Nasdaq First North alternative market within 12 months," Cobalt informed.

According to Eversheds Sutherland, "investor demand exceeded the issue offer, involving the participation of both private and institutional investors."

Established in 1993, BaltCap portfolio company Coffee Address is a coffee company specializing in office and on-the-go coffee in the Baltics.

Cobalt previously advised Coffee Address on the acquisition of Kafe Serviss (as reported by CEE Legal Matters on January 15, 2020).

The Cobalt team included Partner Edgars Lodzins and Specialist Counsel Andrejs Lielkalns.

The Eversheds Sutherland team was led by Senior Partner Maris Vainovskis and Associate Justine Ignatavicute.

Eversheds Sutherland at a Glance

Eversheds Sutherland with offices in Bratislava and Prague and as part of an international network, provides comprehensive legal advice also in foreign jurisdictions.

Our team consists of a total of more than 40 lawyers in the Czech Republic and Slovakia, most of whom have previously worked at major international and local law firms and have extensive experience in particular in the areas of corporate law, including mergers and acquisitions, capital markets, real estate, employment law, competition law, litigation and arbitration, energy, infrastructure, as well as environmental and ESG law.

Our advisory services are offered in Slovak, German, Czech and English language. Members of our team include attorneys registered with the Austrian Bar Association. On this basis, and because we are part of Eversheds Sutherland, we are also able to offer extensive legal support on various foreign legal issues.

We listen to our clients, we understand their business and we also understand what they need. So we can always find the best solution for the particular situation. We work quickly, efficiently and take responsibility for our work.

Firm's website.