Dawid Książek focuses his practice on capital markets, corporate and securities law and merger and acquisition transactions.
He advised in connection with numerous capital markets transactions, including initial public offerings (IPOs), secondary public offerings (SPOs), establishing bond and mortgage covered bond issuance programs (including EMTNs), and admission and introduction of securities to trading. He also participated in M&A transactions, including due diligence reviews and preparation of the relevant documentation.
Prior to joining White & Case, Dawid gained experience in leading law firms and an NGO in Poland.
STS Holding S.A.: representation of STS Holding S.A., the largest sports betting operator in Poland, on its IPO on the regulated market of the Warsaw Stock Exchange, making it the only sports betting company currently listed on the Warsaw Stock Exchange (in accordance with Regulation S and Rule 144A). The total value of the IPO was PLN 1.1 billion.
InPost S.A.: representation of the initial purchasers on the €490 debut high yield bond offering by InPost S.A. the proceeds of which have been used in relation to the acquisition of shares in Mondial Relay SAS and for general corporate purposes. The notes were offered and sold pursuant to Rule 144A and Regulation S under the US Securities Act and the notes will be listed on the Official List of The International Stock Exchange.
PKN Orlen S.A.: representation of PKN Orlen S.A. in connection with the establishment of a €5 billion EMTN programme and the first issue of €500 million 1.125% Green Bonds due 2028 issued under the programme. The transaction was the first Green Bond issue from Poland by a company outside the financial sector, and was certified by the Climate Bonds Initiative, endorsing the Green Bonds for the best market standards for climate integrity, transparency and the use of proceeds.
Huuuge, Inc.: representation of Delaware-based corporation Huuuge, Inc., a global developer of free-to-play games and publisher of digital games on mobile and web platforms, on its IPO on the regulated market of the Warsaw Stock Exchange. The PLN 1.67 billion IPO was the largest IPO of a gaming sector company in the history of the Warsaw Stock Exchange, and the largest mobile gaming IPO in Europe. Huuuge is the first US incorporated company to list its shares on the Warsaw Stock Exchange and conduct an international offering to Polish and international investors under Regulation S and to US-qualified institutional buyers under Rule 144A, utilizing recent amendment to the Warsaw Stock Exchange Listing Rules allowing listing of shares offered in reliance on Category 3 of Regulation S and Rule 144A.
Enterprise Investors: representation of the Polish Enterprise Fund VIII (PEF VIII), a private equity fund managed by Enterprise Investors, in connection with the fintech acquisition, through a tender offer, of up to 100% of the shares in PragmaGO, a provider of financial services to the SME sector. PEF VIII has secured the right to acquire a 72% stake from the majority shareholder Pragma Inkaso.
Vantage Development S.A.: representation of the selling shareholders Polska Nutit A.S., TradeBridge Czechy A.S. and Fedha sp. z o.o. of Vantage Development S.A. (a company listed on the Warsaw Stock Exchange), in connection with the sale of all of the developer's shares to TAG Immobilien AG through the company TAG Beteiligungs und Immobilienverwaltungs GmbH.
P4 Sp. z o.o.: Representation of P4 sp. z o.o., the operator for Poland's biggest mobile network Play, on the launch of its Bond Issue Programme with a total nominal value of PLN 2 billion. White & Case has also advised P4 on the first issuance under the programme of unsecured bearer bonds with a total nominal value of PLN 750 million. P4 plans to apply for the bonds' introduction into trading on the Alternative Trading System operated by the Warsaw Stock Exchange.
PKO Bank Hipoteczny SA: representation of PKO Bank Hipoteczny SA as the issuer in connection with the update of €4 billion programme for the issuance of mortgage covered bonds. The base prospectus of PKO Bank Hipoteczny S.A. is the first prospectus of the Polish issuer approved under the new Prospectus Regulation. The programme allows PKO Bank Hipoteczny S.A. to issue covered bonds outside the Polish market with direct access to the international clearing houses (Euroclear, Clearstream, Luxembourg) in a manner which allows them to be European Central Bank eligible.
Commerzbank AG: representation of Commerzbank AG, the leading global financial institution, in its role as arranger and initial dealer in connection with the update of a €3 billion programme for the issuance of mortgage-covered bonds established by mBank Hipoteczny S.A. The programme allows mBank Hipoteczny to issue covered bonds outside the Polish market with direct access to global clearing houses such as Euroclear, Clearstream Luxembourg and Clearstream Frankfurt. This makes the covered bonds European Central Bank-eligible.