Gessel has advised Kredyt Inkaso on a public offering of N1-series bonds worth PLN 18 million.
Kredyt Inkaso, established in 2001, is a Polish debt management company.
According to Gessel, investment firm Michael / Strom Dom Maklerski mediated the offering and the N1 series bond distribution consortium included Dom Maklerski Banku Ochrony Srodowiska, Ipopema Securities, Noble Securities, and Dom Maklerski Banku.
This was the second issue made under a program of issuance up to a total of PLN 100 million, based on a prospectus approved by the FSA on February 16, 2023, according to the firm. Gessel advised Kredyt Inkaso on the establishment of the PLN 100 million program as well (as reported by CEE Legal Matters on February 22, 2023).
The Gessel team included Partner Krzysztof Marczuk and Senior Associate Jakub Rowicki.
Gessel did not respond to our inquiry on the matter.