A&O Shearman advises on first issuance of green bonds by PKO Bank Polski

This was PKO Bank Polski’s first issuance of Green Bonds, which will now be listed on the regulated markets of the Luxembourg Stock Exchange, including the green segment of the Luxembourg Stock Exchange (LGX) and the Warsaw Stock Exchange. Banco Santander, Erste, HSBC, LBBW and PKO Bank Polski acted as joint lead managers.

The A&O Shearman team was led by Łukasz Walczyna, assisted by Alicja Urbańska. Jamie Durham provided English law advice, and Arkadiusz Pędzich supervised the project.

Łukasz Walczyna, counsel at the A&O Shearman Warsaw office, said: ”We are thrilled to have advised PKO Bank Polski on their inaugural issuance of Green Bonds, marking a significant milestone in their commitment to sustainable finance. This transaction confirms our position as a leader in Eurobonds of Polish issuers.“

Jamie Durham, partner at the A&O Shearman London office, commented: “A&O Shearman continues to set the gold standard in international debt capital markets transactions. This successful issuance underscores the growing importance of green financing in the European market. We are proud to have contributed to this landmark transaction.”