White & Case has advised Santander Bank Polska and the joint global coordinators and joint bookrunners on the sale of 5.32 million ordinary shares of Santander Bank Polska at PLN 463 per share through an accelerated book-building process announced by Banco Santander.
The joint global coordinators and joint bookrunners included BVanco Santander as a manager not as the selling shareholder, Santander Bank Polska – Santander Brokerage Poland, Bank Handlowy w Warszawie – Brokerage Office of Bank Handlowy, Citigroup Global Markets Europe, and Goldman Sachs Bank Europe.
According to White & Case, "the transaction, valued at PLN 2.463 billion (EUR 575 million), represents 5.2% of Santander Bank Polska's existing share capital. Following the settlement of the placement, Banco Santander will maintain a majority shareholding in Santander Bank Polska, corresponding to 62.2% of the bank's share capital. Poland remains a core market for Banco Santander, which will continue to support Santander Bank Polska's strategy."
The White & Case team included Partners Rafal Kaminski, Local Partner Monika Duzynska, and Associate Dawid Ksiazek as well as additional team members in Madrid and London.
