24
Tue, Dec
91 New Articles

Dentons Advises Underwriters on Wizz Air EUR 500 Million Bond Issuance

Dentons Advises Underwriters on Wizz Air EUR 500 Million Bond Issuance

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

Dentons has advised a syndicate of underwriters including BNP Paribas and JP Morgan on the second Wizz Air EUR 500 million issuance of 1% fixed-rate guaranteed notes due 2026. Reportedly, Clifford Chance and Ogier advised Wizz Air on the matter.

According to Dentons, “the notes were issued under Wizz Air's Euro Medium Term Note Program by the Wizz Air Finance Company and guaranteed by Wizz Air Holdings.”

Wizz Air is a Budapest-headquartered ultra-low-cost carrier. The company intends to use the proceeds of the issuance for general financing purposes.

Dentons previously advised the underwriters on Wizz Air's debut issuance in 2021 (as reported by CEE Legal Matters on January 25, 2021).

Dentons’ team was led by Partner Nick Hayday and included Senior Associate Victoria Wyer and Associate Zeeshan Hussain.

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