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Gessel Advises Benefit System on PLN 100 Million Series A and B Bonds Issuance

Gessel Advises Benefit System on PLN 100 Million Series A and B Bonds Issuance

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Gessel has advised Benefit Systems on its issuance of Series A and B bonds valued at PLN 100 million and their admission to trading on the Warsaw Stock Exchange's Alternative Trading System platform, as well as the bookrunner on the issuance, Poland’s branch of Haitong Bankas.

On addition, a part of the transaction, Gessel Trust Services is the administrator of collateral, pledges under Czech law, and the administrator of registered pledges under Polish law.

Benefit Systems offers non-wage benefits to employees of companies and institutions, including sports cards, food vouchers, and cinema and theater vouchers.

Gessel’s team consisted of Partners Krzysztof Marczuk, Leszek Koziorowski, and Malgorzata Badowska, Managing Associate Magdalena Szeplik, Senior Lawyer Michal Szutenbach, and Lawyers Dawid Marciniak, Jakub Rowicki, and Urszula Sleszycka.

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Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

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The team continues to be internationally recognised year on year, most recently by Chambers Global 2019, Chambers Europe 2019, and The Legal 500 EMEA 2019.

Firm's website: https://penteris.com

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