Act BSWW has advised Develia on its public placement of bonds worth PLN 15.4 million.
According to Develia, "the issue was carried out under a program worth up to PLN 150 million, based on the prospectus approved by the Polish Financial Supervision Authority on October 26, 2022."
"Under the program, the first series of bonds with a total nominal value of over PLN 15 million was issued and allocated," Act BSWW informed. "The bonds will be traded on the Catalyst regulated market."
Develia is a Wroclaw-headquartered real estate development group, carrying out residential and commercial investments in Warsaw, Wroclaw, Krakow, Gdansk, Lodz, and Katowice.
The Act BSWW team included Managing Partners Piotr Wojnar and Piotr Smoluch, Partner Sebastian Sury, and Lawyer Katarzyna Krzykwa.