Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.
Gide is physically present in six regions of the world, with 11 offices, enabling it to act on cases globally.
12 January 2021
Deals | Poland | International Capital Markets
The Gide Warsaw Capital Markets department has advised the European Investment Bank on taking up bonds worth PLN 500,000,000, issued by the Polish Development Fund – Polski Fundusz Rozwoju S.A.
The European Investment Bank raises funds on capital markets and provides loans on preferential terms for projects supporting EU objectives. The bonds are intended to finance the implementation of the government programme – “Financial shield of the Polish Development Fund for Small and Medium-sized Enterprises”, which offers support to companies affected by the Covid-19 pandemic.
The team assisting the client in this operation was led by partner Robert Dulewicz, supported by counsel Michał Śmiechowski and associate Przemysław Kopka. The lawyers from the Capital Markets department of Gide Warsaw provided the client with comprehensive legal assistance in both Polish law and Luxembourg law.
“We are happy that we could once again advise the European Investment Bank. As part of our advice in the bonds acquisition process, we were involved in preparing the structure of the bonds issue together with the parties to the transaction, negotiating the issue documentation and ensuring that the conditions precedent to the disbursement of funds were met by the EIB” – said Robert Dulewicz, the partner heading the Capital Markets department of Gide Warsaw.
The Capital Markets department at Gide Warsaw advises issuers, investors, investment banks and other financial institutions on the Polish and international capital markets on all aspects related to debt securities, including on the structuring of financing in the form of issues or in issuing debt financial instruments such as bonds, bank securities, covered bonds and bills of exchange.
