Petr has advised, among other, the following clients:

International Debt Capital Markets

• BNP PARIBAS, J.P. Morgan and Morgan Stanley Europe as joint global coordinators, joint physical bookrunners and initial purchasers, and UniCredit Bank as joint bookrunner and initial purchaser, on the issuance of senior secured notes by Czechoslovak Group. The transaction involved the issuance of US$1 billion 6.500 per cent. senior secured notes due 2031 and €1 billion 5.250 per cent. senior secured notes due 2031, offered under Rule 144A and Regulation S. The notes benefit from a comprehensive collateral package and had to be integrated into the group’s overall financing structure. The transaction benefited from strong investor demand, with the original offer being more than four times oversubscribed. The transaction was awarded the "Global Banking & Markets Deal of the Year" at the Global Banking & Markets CEE, CIS & Türkiye Awards 2025.
• IDS Financing from the IDS Group, which includes Royal Mail and GLS, as issuer on the simultaneous issuance of €750 million 4.000 per cent. fixed rate notes due 2032 and €650 million 3.250 per cent. fixed rate notes due 2029, both admitted to trading on the main market of the London Stock Exchange. The notes were issued under an EMTN programme established immediately prior to the issuances, on which we also advised. BNP Paribas, Citigroup, Crédit Agricole, Intesa Sanpaolo, Société Générale and UniCredit Bank acted as joint lead managers.
• ENERGO-PRO, a leading electricity distribution and hydropower generation company in the Black Sea region, on its issuance of €700 million 8.00 per cent. guaranteed notes due 2030, offered under Rule 144A and Regulation S, and a subsequent €50 million tap issuance. The notes are admitted to trading on the regulated market of Euronext Dublin. Citigroup Global Markets Europe, Goldman Sachs Bank Europe and J. P. Morgan acted as joint bookrunners and joint lead managers on the initial issuance. Goldman Sachs Bank Europe acted as the sole lead manager on the subsequent tap issuance. The transaction was awarded the "Deal of the Year – Czechia" at the Global Banking & Markets CEE, CIS & Türkiye Awards 2025.
• ČEZ Group in connection with several sustainability-linked bond issuances, marking important milestones in the integration of ESG objectives into corporate financing and constituting the largest sustainability-linked bond issuances by a Czech issuer to date. We also advise on the annual updates of the company’s €8 billion EMTN programme.
• Energo-Pro on its €300 million 6.45 per cent. senior guaranteed notes due 2031, issued through a private placement and offered under Regulation S. The proceeds from the issuance will be used to repay Energo-Pro's existing US$300 million 11.00 per cent. guaranteed notes due 2028, on which we also advised in 2023, as well as for general corporate purposes. The notes are admitted to trading on the Vienna MTF, a multilateral trading facility operated by the Vienna Stock Exchange. J.P. Morgan acted as sole initial purchaser for the transaction.
• EPH Financing International, as issuer and Energetický a průmyslový holding, as guarantor on the issue of €100 million 6.651 per cent. guaranteed notes due 2028 (to be consolidated and form a single series with the outstanding €500 million 6.651 per cent. guaranteed notes due 2028 issued in November 2023) under the €3 billion EMTN programme. The notes were admitted to trading on the regulated market of Euronext Dublin. This transaction was recognized as "Debut Corporate Bond Deal of the Year and Energy Transition Deal of the Year" by the Global Banking & Markets CEE, CIS & Türkiye Awards 2024.
• PPF Group on the capital markets matters connected to its sale of 50 percent plus one share in PPF Telecom Group's assets across Bulgaria, Hungary, Serbia, and Slovakia to Emirates Telecommunications Group Company (e&) for a total consideration of up to €2.5 billion, which represents one of the largest regional transactions and one of the largest ever transactions executed by PPF Group, which required complex structuring from the capital markets perspective. The transaction was recognized as "CEE Deal of the Year 2024" and "Country Deal of the Year (Bulgaria) 2024" by the CEE Legal Matters. In early 2025, we also advised the resulting joint venture company, e& PPF Telecom Group, on a comprehensive update of their EMTN programme, which included amendments reflecting the group's newly obtained investment grade rating.
• Danske Bank, Erste Group Bank, Intesa Sanpaolo, Raiffeisen Bank International, Société Générale and UniCredit Bank acting as joint lead managers on the issuance of €500 million 2.625 per cent. mortgage covered bonds due 2030 by UniCredit Bank Czech Republic and Slovakia. The issuance was carried out under the bank's updated €10 billion EMTN mortgage covered bond programme, with the bonds admitted to trading on the regulated market of the Luxembourg Stock Exchange. We also advised UniCredit Bank as arranger and dealer on the update of the programme immediately prior to the issuance.
• Erste, LLBW, Helaba, Société Générale and UniCredit as joint lead managers, and NORD/LB as co-manager – on the issuance of €750 million 2.750 per cent. fixed-rate mortgage covered bonds by Komerční banka. The bonds, which carry a AAA rating by Fitch and the European Covered Bond (Premium) label, were largely oversubscribed. They were issued under Komerční banka's EMTN programme, on the establishment and update of which we also advised, and are listed on the Luxembourg Stock Exchange.
• Raiffeisen Bank International (and other arrangers, dealers and joint lead managers) on the issuance of €500 million senior non-preferred MREL eligible sustainable notes by Raiffeisenbank and a simultaneous cash tender offer in respect of its outstanding €500 million senior non-preferred MREL-eligible sustainable notes. The transaction represented the first tender offer in respect of MREL-eligible notes conducted by a Czech issuer and, as such, involved a unique structure and required approval by the Czech National Bank as the regulator.

Domestic Debt Capital Markets

• EMMA Finance CZ and EMMA Finance SK, special purpose vehicles of EMMA Capital, in connection with the establishment of the first Czech-law-governed dual-issuer CZK 7.5 billion note programme and concurrent debut issuances of CZK- and EUR-denominated senior guaranteed and secured notes under the programme. The transaction involved issuance of CZK 2.5 billion 6.00 per cent. notes due 2030 by Emma Finance CZ, and of €50 million 5.25 per cent. notes due 2030 by Emma Finance SK. The notes were offered to retail and institutional investors in the Czech and Slovak markets and are admitted to trading on the regulated market of the Prague Stock Exchange. J&T IB and Capital Markets acted as arranger, and J&T BANKA as manager.
• Accolade Group on its CZK 2.5 billion issuance of 6.875 per cent. green notes due 2031. The notes were issued by Accolade Finco Czech and guaranteed by Accolade Holding. The proceeds will be used to finance or refinance Accolade’s green buildings and renewable energy projects. The notes were offered to both retail and institutional investors, attracting strong demand and leading to an increase in the total nominal value.
• Rohlik.cz Finance II as issuer on its CZK 4 billion retail offering of senior secured fixed rate bonds due in 2029 with a right to receive an extraordinary bonus linked to equity value. The bonds are guaranteed by Rohlik Group’s largest shareholder, Rohlik.cz Investment, and secured by shares in Rohlik Group. The bonds provide investors with a right to receive an extraordinary bonus at final or early maturity, depending on, among other factors, the valuation of Rohlik Group at that time. This is the first time such novel feature, which provides investors in corporate bonds with an upside linked to equity value, has been used in the domestic retail bond market.
• ENERGO-PRO Green Finance as issuer on its CZK 3.5 billion retail domestic offering of green notes due 2029, issued by ENERGO-PRO Green Finance, guaranteed by its holding company DK Holding Investments and secured over shares in ENERGO-PRO and certain other assets of DK Holding Investments. The notes have been admitted to trading on the regulated market of the Prague Stock Exchange. J&T IB and Capital Markets acted as arranger, and J&T BANKA and UniCredit Bank Czech Republic and Slovakia as managers. The deal represents one of the first issuances of green domestic bonds by a corporate issuer under Czech law.
• Accolade Group in connection with the establishment of its CZK 5 billion bond programme and the subsequent inaugural issuance of CZK 1.875 billion 6.937 per cent. fixed rate green bonds due 2030 by Accolade Finco Czech 1 thereunder. The notes are guaranteed by Accolade Holding and are admitted to trading on the Prague Stock Exchange.
• acted as transaction counsel on a CZK 1.25 billion retail domestic bond issuance of the European pharmacy chain Dr. Max, which follows its 2023 debut CZK 5 billion retail domestic bond issuance on which the Firm advised the arrangers and joint lead managers. The notes are issued by Dr. Max Funding CR and guaranteed by its holding company Glebi Holdings and are listed on the Prague stock exchange. Česká spořitelna, Komerční banka and UniCredit Bank Czech Republic and Slovakia acted as arrangers and joint lead managers, with Privatbanka acting as manager.
• České dráhy (Czech Railways), as issuer, in connection with its domestic issues of bonds and the establishment and maintenance of its commercial paper program.
• Komerční banka and UniCredit Bank Czech Republic and Slovakia, as coordinators, together with Česká spořitelna, Československá obchodní banka and J&T BANKA, as joint lead managers, on the placement of CZK 5 billion 8,5 per cent. guaranteed notes by Dr. Max Funding CR. This marks the first-time ever listed retail bond issue on the Czech capital market by the issuer. Dr. Max is a leading pharmacy chain in Europe.
• Rohlik Group in connection with consent solicitation in respect of the CZK 2.6 billion secured fixed rate bonds due 2026 issued by Rohlik.cz Finance and guaranteed by Rohlik.cz investment. It was a unique consent solicitation as it entailed complex amendments to the terms of the bonds in order to facilitate future growth and financing of Rohlik Group. The transaction represented one of the first and most complex consent solicitations conducted in respect of domestic bonds held primarily by retail investors.
• NET4GAS on a CZK-denominated dual-tranche bond offering in an aggregate amount of CZK 11 billion. The transaction consisted of CZK 4.1 billion floating rate bonds due 2028 and CZK 6.9 billion 2.745 per cent. bonds due 2031. The bonds are admitted to trading on the regulated market of the Prague Stock Exchange. The transaction represented the biggest CZK denominated corporate bond offering so far and the 10-year tranche had the longest tenor achieved by a corporate issuer in the most recent decade.