David has advised, among others, the following clients:

• 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.
• Slovenské elektrárne, the largest electricity producer in Slovakia and one of the largest in Central Europe, on the establishment of its €2 billion EMTN programme and the successful debut issue of €750 million 3.875 per cent. green bonds due 2032 under the programme. The transaction was recognized as "Country Deal of the Year (Slovakia) 2025" by the CEE Legal Matters.
• 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 the leading European defense group 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 was awarded the "Global Banking & Markets Deal of the Year" at the Global Banking & Markets CEE, CIS & Türkiye Awards 2025.
• Accolade Group, a major European investment and real estate group, as the issuer in connection with the establishment of its CZK 5 billion domestic bond programme and on issuances thereunder, including the issue of CZK 1.625 billion 6.75 per cent. green notes due 2031, the CZK 2.5 billion 6.875 per cent. green bonds due 2031 and the CZK 1.875 billion 6.937 per cent. green bonds due 2030.
• EP Infrastructure, a leading European energy infrastructure utility, on the establishment of its EMTN programme and the issuances thereunder of €500 million 4.375 per cent. green bonds due 2034 and €600 million 4.125 per cent. green bonds due 2033.
• EMMA Finance CZ and EMMA Finance SK, special purpose vehicles of private equity firm EMMA Capital, in connection with the establishment of the first Czech-law-governed dual-issuer CZK 7.5 billion note programme and issuances thereunder, including the issuance of CZK 2 billion 6.35 per cent. notes due 2031 by EMMA Finance CZ and the debut issuances of CZK 2.5 billion 6.00 per cent. notes due 2030 by Emma Finance CZ, and €50 million 5.25 per cent. notes due 2030 by Emma Finance SK.
• CTP Group, Europe's largest listed owner, developer, and manager of logistics and industrial real estate, as issuer in connection with the updates of its €8 billion EMTN programme, which recently involved a complex revision of the programme documentation to enable the company to issue both senior notes and hybrid notes, and several green bond issuances thereunder, including the issuance of €600 million 3.625 per cent. notes due 2032 and €500 million 3.375 per cent. notes due 2030.
• the arranger and manager on the updates of €1.5 billion EMTN programme by Česká exportní banka and issuances thereunder, including the issuance of €100 million floating rate notes due 2029, €100 million floating rate notes due 2031 and €70 million floating rate notes due 2030.
• the arranger and the dealers on the updates of €5 billion international mortgage covered bonds programme of Komerční banka, one of the leading banks operating in the Czech Republic, and on issuances thereunder, including the issuance of €750 million 3.250 per cent fixed-rate mortgage covered bonds due 2031 and the issuance of €750 million 2.750 per cent fixed-rate mortgage covered bonds due 2030, both of which carry a AAA rating by Fitch and the European Covered Bond (Premium) label.
• Komerční banka, UniCredit Bank Czech Republic and Slovakia and Česká spořitelna as joint lead managers, and Privatbanka as co-manager, on the issuance of CZK 1.25 billion 6.20 per cent. guaranteed notes by Dr. Max, a leading European pharmacy chain. The notes were issued under Dr. Max's newly established CZK 20 billion note programme, on which we also advised. The notes are listed on the regulated market of the Prague Stock Exchange.
• Goldman Sachs Bank Europe and J.P. Morgan as joint lead managers on the issue of €100 million fixed-to-floating rate Tier 2 subordinated notes due 2035 by MONETA Money Bank, a Czech-based publicly traded bank. The notes were admitted to trading on the Luxembourg Stock Exchange.
• the managers on the update of €3 billion EMTN programme by J&T BANKA, a private and investment bank based in the Czech Republic and operating across Europe, and on issuances thereunder, including the issuance of €300 million senior preferred MREL-eligible notes due 2031.