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CK Legal Advises Kruk on Polish Financial Supervision Authority Approval for Bond Issuance Program

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CK Legal Chabasiewicz Kowalska has advised Kruk on obtaining approval from the Polish Financial Supervision Authority for its 11th bond issuance program.

Kruk operates in the debt collection industry across Poland and Central Europe. The company has been listed on the Warsaw Stock Exchange since 2011.

According to CK Legal, "under the prospectus, Kruk may issue bonds with a total nominal value of up to PLN 900 million - that's PLN 200 million more than in 2023."

Earlier in 2024, CK Legal advised on Kruk's bond issuance (as reported by CEE Legal Matters on March 1, 2024) as well as on the issuance of its AO5EUR and AO6EUR series bonds, for a total of EUR 24 million (as reported by CEE Legal Matters on February 12, 2024). In 2023, the firm advised Kruk on its AO3EUR and A04EUR euro-denominated retail bond offerings (as reported by CEE Legal Matters on December 20, 2023).

The CK Legal team included Founding Partner Wojciech Chabasiewicz and Head of Capital Markets Anita Gwozdz.