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Gessel Advises Cavatina Holding on PLN 25 Million Bonds Public Offering

Gessel Advises Cavatina Holding on PLN 25 Million Bonds Public Offering

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Gessel has advised Cavatina Holding on a prospectus-based public offering of series P2024A bonds with a total value of PLN 25 million.

According to Gessel, "Cavatina Holding executed the first bond issue under the third public bond issue program of up to PLN 150 million conducted on the basis of the base prospectus approved by the Polish Financial Supervision Authority on April 25, 2024. The function of issue manager within the framework of the 3rd bond issue program of Cavatina Holding S.A. is performed by Noble Securities S.A. In addition, Dom Maklerski BDM S.A. and IPOPEMA Securities S.A. were part of the distribution consortium of the P2024A series bonds."

Earlier in 2024, Gessel advised Cavatina Holding on its bond program, prospectus, and third issuance (as reported by CEE Legal Matters on May 7, 2024) as well as on its prospectus-free bond issuance program with a maximum value of PLN 50 million and related public issuance of M2024A series bonds with an aggregate value over PLN 21.5 million (as reported by CEE Legal Matters on April 5, 2024). Back in 2022, Gessel also advised Cavatina Holding on its PLN 60 million public offering of P2022B and P2022C series bonds (as reported by CEE Legal Matters on July 25, 2022) and its PLN 16.5 million public offering of series P2022D bonds (as reported by CEE Legal Matters on November 30, 2022).

The Gessel team included Partner Krzysztof Marczuk, Managing Associate Magdalena Szeplik, Senior Associate Jakub Rowicki, and Associate Dawid Marciniak.

Gessel did not respond to our inquiry on the matter.