Capital Market

Bonds and bond issue programmes

Bond issue is one way for a company to raise capital. Debt financing has many benefits – but comes with a challenge of complying with a strict legal regime.

With our experience, we offer comprehensive help to companies in navigating the world of bonds.

What do we offer?

  • Preparing the base prospectus for the Bond Issue Programme.
  • Representing the Issuer in prospectus approval proceedings before the KNF.
  • Preparing the final terms of issue for each of the bond offerings under the Bond Issue Programme.
  • Legal advice on the preparation of prospectus supplements while the programme is underway.
  • Advice on engaging other advisors and subcontractors required by the company in the issue process.
  • Legal advice on bond offerings.
  • Legal review of offering materials (presentations, advertising materials) and providing the necessary disclaimers.
  • Legal advice on company-initiated bond dematerialisation proceedings before the National Depository for Securities (KDPW) and proceedings before the Warsaw Stock Exchange on the listing and admission of the company’s bonds to trading on the Catalyst market. We also act as an Authorised Catalyst Adviser.
  • Representing bond-related claims of bondholders.
  • Advice on compliance with stock exchange disclosure obligations by the company and members of its governing bodies.
  • Where bonds are issued otherwise than under the Bond Issue Programme: preparing the issue documentation, including the issue resolution, terms of issue, purchase proposal and subscription form.
  • Drafting issue-related corporate resolutions,
  • Preparing bond collateral documentation.
  • Acting as a bond collateral manager.
  • Advice on engaging other advisors and subcontractors required by the company in the issue process.
  • Legal advice on bond offerings.

Why CK Legal?

  • We help you raise capital.
  • We make sure that the issue process progresses as intended.
  • We help you recover the money invested in bonds.

Our clients include issuers, investors, banks, brokerage houses and bondholders.

Other services