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
10.6.2025
•
News
Advising J&T on EMMA Capital Bond Issuance
KŠB provided legal advice to its long-term client, the J&T group, in connection with the preparation of a bond programme for the investment group EMMA Capital. The base prospectus has already been approved by the Czech National Bank and notified to the National Bank of Slovakia. At KŠB, the advisory team was led by Josef Kříž, under the partnership supervision of Vlastimil Pihera.
28.5.2025
•
News
Advising GRIDARCH a.s. on the Sale of Land in the Ostrava Airport Multimodal Park
KSB’s team (Jiří Horník, Jakub Porod, Jakub Mehl) provided legal counsel to GRIDARCH a.s. in connection with the sale of land located in the Ostrava Airport Multimodal Park (OAMP), which is being developed into an industrial zone with logistics facilities. The purchaser of the 110,000 sqm of commercial land was EQT Exeter.
20.5.2025
•
News
With deep sorrow, we announce the passing of JUDr. Alexandr Kocián, one of the founders of our firm.
e was not only an icon of the legal profession in Karlovy Vary and a respected lawyer, but also an inspiring colleague, a mentor to an entire generation of our attorneys, and, last but not least, a man with a sense of humor who always spread good cheer.
