CK Legal Chabasiewicz Kowalska has advised PragmaGO on the issue of series C4 bonds with a total nominal value of PLN 30 million with a 67.56% subscription reduction.
PragmaGO is one of the largest non-bank financial institutions in Poland specializing in providing online financing in the form of factoring and loans in the SME segment.
According to CK Legal, "the company’s largest public bond offering was conducted under the prospectus for PragmaGO’s fourth public bond program, approved by the Polish Financial Supervision Authority."
Earlier in 2024, CK Legal advised PragmaGO on an EUR 3.5 million bonds issuance (as reported by CEE Legal Matters on May 28, 2024), as well as on its PLN 25 million C3 bonds issuance (reported by CEE Legal Matters on April 2, 2024), on its PLN 25 million issuance of series C2 bonds (reported by CEE Legal Matters on February 1, 2024), and on its acquisition of single invoice financing market company Monevia (reported by CEE Legal Matters on February 13, 2024).
The CK Legal team included Founding Partner Wojciech Chabasiewicz and Head of Capital Markets Anita Gwozdz.
