Allen Overy Shearman Sterling has advised Bank Gospodarstwa Krajowego on the issuance of EUR 2.25 billion dual-tranche fixed-rate guaranteed notes with Citi, Commerzbank, ING, J.P. Morgan, and Societe Generale serving as joint lead managers.
According to A&O Shearman, the issuance comprises EUR 1.25 billion 3.25% notes due 2030 and EUR 1 billion 4.25% notes due 2037, both guaranteed by the State Treasury of the Republic of Poland. The proceeds from this issuance will finance the Aid Fund and the National Road Fund. The notes are listed on the regulated market of the Luxembourg Stock Exchange.
The A&O Shearman team included Warsaw-based Managing Partner Arkadiusz Pedzich and Counsel Lukasz Walczyna.
A&O Shearman did not respond to our inquiry on the matter.
