David Mikyska
Biography
Overview
David Mikyska, an associate of the Prague office, is a member of the Capital Markets Practice Group.
David has extensive experience advising financial institutions and industry associations on derivatives and related regulation. He has advised both managers and issuers on the issuance of bonds, including covered bonds and high-yield bonds. David has represented clients on several IPOs.
David has provided advisory services regarding securities, derivatives, and the provision of investment services to both private and public sector clients. He has also been focused on ESG regulation.
David regularly takes on pro bono work in family and contractual disputes, as well as environmental projects and access to justice initiatives.
Experience
His experience includes advising the following clients on the matters listed below:
Komerční banka (Société Générale group), one of the leading banks operating in the Czech Republic, on the establishment of its EUR 5 billion international mortgage-covered bonds programme and a EUR 500 million issuance under the programme.*
Česká spořitelna, Komerční banka and Československá obchodní banka as the Joint Lead Managers on a CZK-denominated bond offering of NET4GAS, the sole owner and operator of the Czech gas transmission system, in an aggregate amount of CZK 10.998 billion (approximately EUR 440 million). The dual-tranche transaction consisted of CZK 4.098 in billion floating-rate bonds due 2028 and CZK 6.9 billion in bonds due 2031. At the time, the transaction represented the largest CZK-denominated corporate bond offering.*
The International Swaps and Derivatives Association (ISDA), the European Federation of Energy Traders (EFET), the German Banking Association (BdB) and the Czech Banking Association (CBA) in relation to the enforceability of close-out netting and validity and enforceability of collateral arrangements under Czech law, as well as related regulation and legislation.*
Leading Czech and international investment banks on entering into derivative and repo framework agreements with various counterparties.*
Sponsors and syndicates of lenders in relation to hedging arrangements (interest rate, currency, commodity) on leveraged and project financings.*
The initial purchasers in relation to a EUR 1.3 billion (equivalent) high-yield bond issuances by Allwyn, a leading multi-national lottery operator.*
Deutsche Bank, Goldman Sachs, BNP Paribas, Erste, HSBC, Société Générale, UniCredit and J&T BANKA on the EUR 200 million and EUR 400 million high-yield bond issuances by SAZKA Group (now Allwyn International) and Allwyn Entertainment Financing (UK), respectively.*
JP Morgan and Goldman Sachs on a EUR 300 million bridge loan and the subsequent offering of USD 300 million guaranteed notes due 2028 issued by ENERGO-PRO, a leading electricity distribution and hydropower generation company in the Black Sea region.*
UniCredit Bank Czech Republic and Slovakia and a syndicate of lenders on the establishment of EUR 500 million accordion facilities by Allwyn.*
J&T BANKA, Komerční banka, Česká spořitelna and PPF Banka on the establishment of a CZK 10 billion bond programme by KKCG and a CZK 6 billion issuance of secured bonds under the programme.*
*Experience prior to joining White & Case.