IFLR1000

SmVaK CZK5.4 billion bond issue

15/7/2015
Investment grade bond/note issue
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Kc 5.4 billion

$ 212.692 million

Completed

15/7/2015

Overview:

  • Water supply company Severomoravské vodovody a kanalizace Ostrava (SmVaK) issued a CZK5.4 billion bond.
  • SmVaK is a joint venture between European multinationals FCC Aqualia and MIT Infrastructure Europe.
  • This was the largest Czech Koruna bond issue in 2015.
  • ING, Komerční banka, and SMBC Nikko acted as joint lead managers on the offering.

Kurt Stumpo - Journalist

Jurisdictions:

Spain
Czech Republic
Poland

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Czech Republic

Industry sector:

Utilities

Firms:
Allen & Overy

Party: Komerční banka (Joint lead manager)

Party: ING (Joint lead manager)

Party: SMBC Nikko (Joint lead manager)

Lawyers: Charles Poole-Warren, Petr Vybiral, Silvie Horackova (retired)

White & Case

Party: SmVaK (Issuer)

Lawyers: Eva Svobodová, Juan Manuel De Remedios, Tomáš Jíně, Yoko Takagi

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