KŠB Advises J&T Banka, UniCredit and PPF banka on the Next Phase of EMMA Capital’s Bond Programme
KŠB has continued its legal advisory role in connection with investment group EMMA Capital’s bond programme, which has been generating sustained and strong investor interest.

The latest tranche of EMMA Capital bonds, amounting to CZK 1.25 billion with the possibility of an increase up to CZK 2 billion, will now be offered by J&T Banka, UniCredit and PPF banka. According to recent media coverage, the issue has attracted significant attention, particularly from retail investors, with demand in certain cases exceeding the offered volume.
As with the previous tranches, the bonds issued under this third tranche will be admitted to trading on the regulated market of the Prague Stock Exchange and will be secured, among other things, by shareholdings in key holding companies of the group.
KŠB’s legal advice in this transaction focused primarily on capital markets matters and regulatory aspects of the cross-border issuance. KŠB’s team was led by senior associate Josef Kříž and supervised by partner Vlastimil Pihera.
The continued development of the programme confirms the market’s ongoing appetite for well-structured bond offerings and further highlights KŠB’s experience in capital markets transactions and complex financings with an international dimension.
Other articles
KŠB achieved a significant victory in one of the most closely watched cases concerning a review of the adequacy of the consideration paid in a squeeze-out of minority shareholders
The Municipal Court in Prague, in the first instance, dismissed the claims of former minority shareholders of PFNonwovens a.s., who challenged the adequacy of the consideration paid during the squeeze-out carried out in March 2021 and sought to have it increased by up to double the amount.
KŠB podpořila letošní SVOČ na Právnické fakultě UK
Advokátní kancelář Kocián Šolc Balaštík se letos stala partnerem Studentské vědecké a odborné činnosti (SVOČ) pořádané Právnickou fakultou Univerzity Karlovy.
Je stabilita stavebního práva reálným cílem?
Advokátní kancelář KŠB byla odborným garantem diskuse legalwebu s názvem „Stabilita stavebního práva – iluze, nebo reálný cíl?“, která na konci dubna přivedla ke společnému stolu zástupce veřejné správy, developerů, profesních svazů i dalších odborníků ze stavební praxe. Debata se zaměřila na aktuálně projednávané změny nového stavebního zákona (NSZ) a jejich očekávané dopady.