Assisting J&T IB and Capital Markets
The uncommon structure of the bonds entitles the bondholder to a variable coupon linked to the price of the underlying's investment share issued by J&T ARCH INVESTMENTS SICAV, a.s., a qualified investor fund, and enables the bondholder – qualified investor – to convert the bonds into shares, thus effectively exchanging the coupon yield for a participation interest in the fund.
In addition to structuring the bonds and preparing the prospectus for the bonds' admission to trading on the Prague Stock Exchange and for their public offer in the Czech Republic, we also represented the client in the approval proceedings before the Czech National Bank.
We would like to thank J&T ARCH CONVERTIBLE SICAV, a.s. for entrusting us with the role of legal advisor on this unique financing transaction and look forward to similar interesting yet challenging projects to come.
Other articles
KŠB advises the National Development Bank on the integration of the Czech Export Bank
KŠB advised the National Development Bank (Národní rozvojová banka, a.s.) on the integration of the Czech Export Bank (Česká exportní banka, a.s.) into the NRB group.
When Excessive Prevention Does More Harm Than Good
At the end of 2025, the Supreme Court of the Czech Republic ruled that the preventive retention of traffic and location data under the Electronic Communications Act infringes the rights of the persons whose data is concerned.
KŠB Advises on the Establishment of FIDUROCK Retail Parks Fund SICAV
Kocián Šolc Balaštík advised Fidurock on the establishment of FIDUROCK Retail Parks Fund SICAV, an investment fund targeting qualified investors and focused on areal estate portfolio in the Czech Republic and Slovakia.
