We are pleased to announce that we advised BEST S.A. on the establishment of the bond issuance programme for up to PLN 1 billion and the first issue of unsecured bonds under such programme with a value of PLN 100 million. The sole arranger and dealer was Bank Polska Kasa Opieki S.A.
The BEST Capital Group plans to allocate the funds raised from the bond issuance primarily to the purchase of new debt portfolios in all four markets in which BEST is actively present, which is one of the elements of the BEST Capital Group’s strategy following its merger with Kredyt Inkaso S.A.
We would like to thank BEST S.A. for their trust and excellent cooperation, and congratulate them on the largest bond issuance to date. We would also like to thank Bank Polska Kasa Opieki S.A. for their excellent cooperation on this transaction.
The transaction team included: Zofia Frydrychowicz (partner co-heading the Banking and Finance practice) and Przemysław Kopka (senior associate).