Greenberg Traurig has advised Alior Bank on the establishment of a bond issuance program with a nominal value of up to PLN 1.2 billion.
The prospectus was approved by the Polish Financial Supervision Authority (KNF) and allows multiple issuances, within twelve months of its approval, of ordinary or subordinated bonds with a total nominal value of up to PLN 1.2 billion, and a total nominal value of all subordinated bonds issued under the prospectus not exceeding PLN 600 million.
Greenberg Traurig advised on the establishment of the program and on the preparation of the prospectus, as well as on the successful application for approval from the KNF. According to the firm, "this is a unique case of drawing up a prospectus which covers both subordinated and ordinary bonds [which] was devised and developed by Greenberg Traurig."
Senior Partner Lejb Fogelman was responsible for supervising the GT team and Partner Ireneusz Matusielanski provided ongoing legal advice and coordinated the project. He was supported by Local Partner Karolina Dunin-Wilczynska, Senior Associate Adam Puchalski, and Associate Tomasz Szekalski.