Global law firm White & Case LLP has advised the arranger, mBank S.A., on the update of Echo Investment S.A.'s bond issuance program for up to PLN 1 billion in bonds and the issuance of bonds under the updated program in the amount of PLN 195 million.
The bonds were offered to qualified investors and will be introduced to trading on the alternative trading system organized by the Warsaw Stock Exchange (Giełda Papierów Wartościowych w Warszawie S.A.) in a prospectus-free public offering.
Echo Investment S.A. is one of the largest real estate developers in Poland with extensive experience in the three main sectors of the real estate market: residential, retail and services, and offices. Echo Investment S.A. is involved in building large, city-shaping projects that are in line with a city's fibre and complement it.
The White & Case team in Warsaw which advised on the transaction included partner Grzegorz Abram and associates Paweł Zagórski and Aleksandra Cyniak.
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