KSB Advises SMV Invest on One of First Issues of Non-Bank Perpetual Certificates in Czech Republic
Perpetual certificates are primarily debt securities but have some features of equity securities (e.g. flexible redemption date). The absence of specific regulation (as encountered in the case of banking institutions) allows considerable flexibility in structuring the terms of the certificates, as well as in adjusting the terms of individual redemptions by the issuer. In this respect, perpetual certificates represent a significant innovation on the Czech financial market.
More information on the prospectus is available here.
Other articles
KŠB advises the founders on the sale of the LIPOELASTIC Group
KŠB, in collaboration with investment advisers from the Roklen Group, advised LIPOELASTIC Group founders Alena and Tomáš Hradil on their exit from the group, which they had built up over almost twenty-five years.
Chemistry Brings People Together: KŠB at the 2026 Evening of Czech Chemistry
Czech chemistry and the chemical industry are built on innovation, responsibility and the people who drive the field forward. On Thursday, 22 October 2026, leading figures from the field and industry representatives came together at the Grand Hotel International Prague for the Czech Chemical Industry Association’s annual Evening of Czech Chemistry.
KŠB advises Smart Energies Group on transaction supporting wind power development
KŠB has advised Smart Energies Group (SEG) on a transaction with NOHO and innogy Česká republika. The transaction is intended to support the development of wind power in the Pardubice Region and is built on the synergy between wind power generation and battery energy storage.
