Bank Pekao issues EUR 500 million Tier 2 notes with advice from A&O Shearman and Baker McKenzie

"A&O Shearman advised Bank Pekao on the issuance of EUR 500 million tier 2 subordinated callable fixed-to-floating notes due 2036 under the bank’s €5 billion EMTN programme. Baker McKenzie advised the joint lead managers — Bank Pekao, BNP Paribas, Erste and J.P. Morgan. The transaction strengthens Bank Pekao’s capital base and broadens its investor reach across Europe."

A&O Shearman advised Bank Pekao as issuer, and Baker McKenzie advised the joint lead managers on the transaction. The transaction comprised the issuance by Bank Pekao of EUR 500 million of tier 2 subordinated callable fixed-to-floating notes due 2036. The notes were issued under the bank’s EUR 5 billion Euro Medium Term Note (EMTN) programme. According to A&O Shearman, the issuance strengthens Bank Pekao’s capital structure and broadens the bank’s investor base across Europe. The joint lead managers on the deal were Bank Pekao, BNP Paribas, Erste and J.P. Morgan. A&O Shearman represented Bank Pekao with a team composed by: Partner Arkadiusz Pedzich, Counsel Lukasz Walczyna, Associate Filip Glowka, and additional lawyers in London. Baker McKenzie represented the joint lead managers (Bank Pekao, BNP Paribas, Erste and J.P. Morgan) with a team composed by: Partners Michal Glowacki and Marcin Chylinski, Counsel Katarzyna Grodziewicz, Senior Associate Bartosz Ordon, and additional lawyers in London.

Bank Pekao issues EUR 500 million Tier 2 notes with advice from A&O Shearman and Baker McKenzie

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