Clifford Chance has advised Polish technology holding company Famur on its planned green bond issuance up to PLN 400 million in value.
The bonds will be issued under a PLN 1 billion program in which Santander Bank Polska, Bank Pekao, and Dom Maklerski BOS act as the arrangers. The issue date has been set as November 3, 2021, with a bond redemption date of November 3, 2026.
Famur is a part of the Famur Group, consisting of 58 companies and five production plants, and focuses on providing solutions to the energy, mining, and bulk material handling industries.
"The purpose of the issue is to raise direct and indirect financing or refinancing for the development, purchase, construction, and operation of green investments," Clifford Chance announced. Famur's issue of green bonds will be the second-largest issue of green bonds by a non-finance company in Poland, according to the firm.
The Clifford Chance team included Partner Milosz Golab, Senior Associate Aleksandra Rudzinska, and Legal Interns Zuzanna Bartczak and Krzysztof Burda.
