White & Case has advised PKO Bank Hipoteczny on its PLN 500 million issuance of mortgage-covered bonds due July 4, 2028, with Erste Group and PKO Bank Polski acting as joint bookrunners.
According to White & Case, "the transaction represents the second issuance in 2024 of PLN-denominated covered bonds under PKO Bank Hipoteczny’s EUR 4 billion International Covered Bond Programme. The bonds are listed on the Luxembourg Stock Exchange and will be listed on the Warsaw Stock Exchange."
Earlier in 2024, White & Case advised PKO Bank Hipoteczny on its PLN 1 billion issuance of mortgage-covered bonds (as reported by CEE Legal Matters on April 5, 2024). The firm also advised PKO Bank Hipoteczny on all three of its 2023 issuances of PLN-denominated covered bonds under its International Covered Bond Program (as previously reported by CEE Legal Matters on November 8, 2023, July 4, 2023, and February 15, 2023).
The White & Case team included Warsaw-based Partner Marcin Studniarek, Local Partner Bartosz Smardzewski, and Associate Michal Truszczynski as well as further team members in Dubai and London.
