8.1.2016
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News
Capital markets
KŠB advised J&T BANK on issuing CZK and EUR perpetual bonds
KŠB advised one of the leading Czech private banks on two issues of subordinated unsecured perpetual bonds, one in Czech crowns and the other in euros. The bonds were accepted for trading on the Prague Stock Exchange.
The first, September 2015 issue amounted to CZK 1 billion, with each bond having the nominal value of CZK 100,000, while the second, December 2015 issue amounted to EUR 50 million, with each bond having the nominal value of EUR 5,000. In addition to the Czech market, the EUR bonds are available on the Slovak market, which required cooperation from both the Czech and Slovak National Banks in providing the bonds’ prospectus with the so-called passport. The bonds are counted as Tier 1 capital.
The bonds are only available to professional investors and clients with available investment cash over EUR 100,000.
KŠB previously advised J&T BANK on the first-ever issue of perpetual bonds, a pioneering deal in the Czech Republic, in 2014.
Other articles
20.5.2025
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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.
14.5.2025
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M&A
A Landmark Transaction in Czech IT History: Seyfor Acquires 100% of Dotykačka
The KŠB team, led by Ján Béreš and Drahomír Tomašuk, was pleased to provide legal advice to our long-standing client, Seyfor, in its acquisition of full control over Dotykačka ČR, the leader of the Czech point-of-sale systems market.
