24
Wed, Apr
43 New Articles

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

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

Hungary
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

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.

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

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.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

Firm's website.

Our Latest Issue