CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.
White & Case has advised joint lead managers Commerzbank, Danske Bank, DZ BANK, Erste Group Bank, Raiffeisen Bank International, and UniCredit Bank on the issuance of EUR 500 million 2.875% mortgage-covered bonds due 2029 under the EUR 10 billion mortgage-covered bond program of UniCredit Bank Czech Republic and Slovakia.
With its resolution numbered i-SPK.35.B.1 (dated 19 September 2024 and numbered 1484) (the “Resolution“), the Capital Markets Board (the “CMB“) clarified the legal status of non-fungible tokens (“NFTs“) and crypto assets used in virtual games.
White & Case and its Turkish affiliate GKC Partners have advised Pegasus Airlines on its USD 500 million Eurobond issuance with Citigroup Group Markets Limited and Morgan Stanley & Co International as the joint global coordinators and joint bookrunners and J.P. Morgan Securities, HSBC Bank, SMBC Nikko Capital Markets Limited, and BCP Securities as the joint bookrunners. Baker McKenzie and its Turkish affiliate Esin Attorney Partnership advised the joint global coordinators and joint bookrunners.
Cobalt has advised BNP Paribas, Deutsche Bank, and Erste Group as the joint lead managers of the Republic of Latvia's seven-year Eurobond that raised EUR 600 million at a reoffer yield of 3.138% and a fixed rate coupon of 3%.
Integrites has advised Novus and Univer on a UAH 400 million corporate bonds issuance.
White & Case has advised the joint bookrunners on PKO Bank Polski's green issuance of EUR 750 million 3.875% senior non-preferred notes due 2027. A&O Shearman advised PKO Bank Polski.
