Kapolyi has advised Wing Real Estate Development and Investment on its HUF 25.3 billion issuance of green bonds. Szabo Kelemen & Partners Andersen Attorneys advised MTB on covering the issuance.
The bonds were issued under the Hungarian National Bank’s Funding for Growth Scheme.
Wing is "one of Hungary’s largest real estate developers and investors committed to environmentally friendly solutions," according to Kapolyi, and "will use the funds raised from the ten-year bonds, with a fixed annual interest rate of 3%, exclusively for environmentally friendly developments."
Kapolyi’s team included Partner Viktor Krezinger.
The Szabo Kelemen & Partners team included Managing Partner Peter Vincze.