Gessel has advised Cavatina Holding on its bond issuance program, the prospectus recently approved by the Polish Financial Supervision Authority, and its new prospectus-based bond issuance, up to PLN 150 million in value, with issue organizer Noble Securities.
According to Gessel, this is Cavatina Holding's third prospectus-based issuance. "The prospectus approval process took only 32 business days [...] We hope that this third in the series of Cavatina Holding S.A. bond issues will be just as popular with investors as the preceding ones," the firm announced.
Cavatina Holding is an office space developer operating in Poland. The company is present in seven Polish cities: Warsaw, Krakow, Lodz, Wroclaw, Gdansk, Katowice, and Bielsko-Biala.
A month prior, Gessel also advised Cavatina Holding 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).
The Gessel team included Partner Krzysztof Marczuk, Managing Associate Magdalena Szeplik, and Senior Associate Jakub Rowicki.
