12.7.2022
News
Capital markets

Advising on the issuance of perpetual certificates to be included as Tier 1 secondary capital

KSB's team advised J&T IB and Capital Markets as the arranger of the issuance of subordinated unsecured income certificates without a maturity date (so-called “perpetual certificates”) issued by J&T BANKA and countable as Tier 1 secondary capital, the purpose of which is to increase regulatory capital, increase diversification of capital sources, and raise funds for the eventual repayment of previously issued instruments. The value of the issuance is EUR 100 million, with an option to increase by 100 %.

J&T BANKA, a leader in private and investment banking in the Czech Republic, is part of the J&T Finance Group SE banking holding company, which also includes Slovak 365.Bank, Croatian J&T banka d. d., and their subsidiaries.

KSB's legal advisory services included assistance in preparing the prospectus for the public offering of the certificates and their admission to trading on the regulated market of the Prague Stock Exchange, as well as representation in proceedings before the Czech National Bank for approving the prospectus. KSB drew on its extensive experience in both banking regulation and securities issuance (including the preparation and approval of prospectuses).   

More information on the certificates can be found here.

Other articles

26.6.2026
News

KŠB Partner Tomáš Sequens Speaks at the “Law and the Environment” Conference

Organized by Česká justice and Ekonomický deník at Truhlárna Karlín in Prague, the “Law and the Environment” conference brought together representatives from the government, the business sector, the professional community, and the legal profession to discuss the current challenges related to environmental protection, decarbonization, and the regulatory framework for doing business.

Organized by Česká justice and Ekonomický deník at Truhlárna Karlín in Prague, the “Law and the Environment” conference brought together representatives from the government, the business sector, the professional community, and the legal profession to discuss the current challenges related to environmental protection, decarbonization, and the regulatory framework for doing business.

18.6.2026
News

KŠB Provide Insight into the Legal Support for Smetana Litomyšl Music Festival

Our colleagues Sylvie Sobolová and Jana Guričová were interviewed by Jan Januš’s legalweb about the legal support for Smetana Litomyšl, one of the most important music festivals in the Czech Republic.

Our colleagues Sylvie Sobolová and Jana Guričová were interviewed by Jan Januš’s legalweb about the legal support for Smetana Litomyšl, one of the most important music festivals in the Czech Republic.

17.6.2026
News

KŠB Sponsors 19th Annual Student Research and Professional Activities Competition at Charles University’s Faculty of Law

Kocián Šolc Balaštík was once again a partner of the Student Scientific and Professional Activities (SVOČ) competition at Charles University’s Faculty of Law. The awards ceremony for the 19th annual competition took place on June 11, 2026, with students, academics, and competition partners in attendance.

Kocián Šolc Balaštík was once again a partner of the Student Scientific and Professional Activities (SVOČ) competition at Charles University’s Faculty of Law. The awards ceremony for the 19th annual competition took place on June 11, 2026, with students, academics, and competition partners in attendance.