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Gessel Advises Kredyt Inkaso on EUR 5 Million S1 Bond Public Placement

Gessel Advises Kredyt Inkaso on EUR 5 Million S1 Bond Public Placement

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Gessel has advised Kredyt Inkaso on its public placement of S1 series bonds with an aggregate value approaching EUR 5 million with issue agent Michael/Strom Dom Maklerski.

According to the firm, the S1 series was Kredyt Inkaso's first public offering of euro-denominated bonds. "The public offering, conducted on the basis of an information memorandum, was well received by investors – the reduction rate exceeded 15%."

Established in 2001, Kredyt Inkaso is a Polish debt management company.

Back in 2023, Gessel also advised Kredyt Inkaso on establishing its PLN 100 million bond issuance program (as reported by CEE Legal Matters on February 22, 2023) and the public offering of N1-series bonds worth PLN 18 million (as reported on July 19, 2023).

The Gessel team was led by Partner Krzysztof Marczuk and Senior Associate Jakub Rowicki.