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Erdos | Katona and Allen & Overy Advise on Cordia International Bond Issuance

Erdos | Katona and Allen & Overy Advise on Cordia International Bond Issuance

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Erdos | Katona has advised Cordia International Zrt. on Cordia International Zrt.’s July 23, 2020 HUF 36 billion bond issuance, made pursuant to the Bond Funding for Growth Program of the Hungarian National Bank. Allen & Overy advised Raiffeisen Bank, the lead arranger.

The bond issuance is Cordia’s second, following its HUF 44 billion bond issuance in 2019, and according to Erdos | Katona, "by closing this issuance successfully, Cordia has obtained access to funds on preferable rate and yield."

The Erdos | Katona team on the capital markets matter — its first following the firm's launch several months ago (as reported by CEE Legal Matters on June 1, 2020) — included Partner Gabor Erdos and Senior Associate Matyas Kornyei.

Allen & Overy's team included Partner Zoltan Lengyel and Senior Associate Norbert Hete.

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The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

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