Allen & Overy has advised PZU SA on its PLN 2.25 billion issuance of subordinated bonds in compliance with the requirements of the Solvency II Directive — the first issuance of subordinated debt instruments by a Polish insurance company.
The underwriters were Bank Gospodarstwa Krajowego, Bank Polska Kasa Opieki S.A., Bank Zachodni WBK S.A., ING Bank Slaski S.A., mBank S.A., and Kasa Oszczednosci Bank Polski S.A.
The Allen & Overy team was led by Partner Piotr Lesinski, supported by Senior Associate Lukasz Walczyna.
