Clifford Chance Advises Pepco Group on PLN 2 Billion Bond Issue Programme

"Clifford Chance has advised Pepco Group on a bond issue program for its subsidiary, PEU (FIN) PLC, allowing for the issuance of bonds up to PLN 2 billion under Polish law. The program involves partnerships with several banks, including Bank Polska Kasa Opieki S.A. and Santander Bank Polska S.A., and offers the option to issue ordinary or green bonds."

**Law Firms Involved in the Transaction:** Clifford Chance advised Pepco Group, a leading pan-European variety discount retailer, on the bond issue programme of its wholly owned subsidiary, PEU (FIN) PLC. **Transaction Overview:** The transaction involves a new bond issue programme under which PEU (FIN) PLC has entered into a Polish bond issue programme agreement with several financial institutions, including Bank Polska Kasa Opieki S.A. (as dealer and arranger), Powszechna Kasa Oszczędności Bank Polski S.A. (as dealer, arranger, and agent), and Santander Bank Polska S.A. (as dealer, arranger, and global coordinator). The programme allows the issuer to issue bonds under Polish law in multiple tranches, with a total maximum amount of PLN 2 billion. The bonds may be issued as ordinary bonds or as green bonds in accordance with the ICMA Green Bond Principles. **Legal Team:** The Clifford Chance team advising on the transaction included: - Miłosz Gołąb (Partner) - Grzegorz Namiotkiewicz (Of Counsel) - Maciej Kujawa (Associate) - Krzysztof Burda (Associate)

Clifford Chance Advises Pepco Group on PLN 2 Billion Bond Issue Programme

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads