We advised Olivia Fin sp. z o.o. S.K.A.

We advised Olivia Fin sp. z o.o. S.K.A. on a prospectus-based public offering of series P2024B bonds with a total value of PLN 60 million!

Olivia Fin executed the second bond issue under the 4th bond issue program of up to PLN 150 million conducted on the basis of the base prospectus approved by the Polish Financial Supervision Authority on June 25th, 2024.

The project was supervised by Krzysztof Marczuk (partner) and was led by Jakub Rowicki (senior associate).

The initial series P2024B bonds’ public offering’s value was established on the level of PLN 45 million, however due to the great interest from investors Olivia Fin exercised its over-allotment option and therefore the public offering of series P2024B bonds eventually ended up with a total value of PLN 60 million. Despite execution of the over-allotment option, the rate of subscription’s reduction exceeded 52%!

We are acting as legal advisor to Olivia Fin to the full extent – both at the establishment of the programme and in connection with the individual public offerings carried out under it.

The function of issue manager within the framework of the 4th bond issue programme of Olivia Fin is performed by Noble Securities S.A. In addition, Dom Maklerski BDM S.A. and Michael / Ström Dom Maklerski S.A. were part of the distribution consortium the P2024B series bonds.

Noble Securities S.A. is a brokerage house operating on the Polish capital market since 1994. It offers clients a wide range of investment services, including brokerage account management, investment advisory, and intermediation in trading financial instruments on the Warsaw Stock Exchange.

Dom Maklerski BDM S.A. is one of the oldest brokerage houses in Poland, active on the capital market since 1993. The company provides comprehensive brokerage and investment services, including brokerage account management, investment advisory, portfolio management, and support in share and bond issuance processes. With its innovative platforms, bdm Online NEXT and bdm Mobile NEXT, BDM S.A. delivers modern investment tools to its clients. The company is headquartered in Bielsko-Biała and operates an extensive network of Customer Service Points across Poland, ensuring direct access to its advisors.

Olivia Fin Sp. z o.o. S.K.A. is a company responsible for financing projects within the Olivia Centre group, including the Olivia Business Centre in Gdańsk. It raises funds through bond issuance, offering investors attractive conditions. In 2024, the company conducted significant bond issues in both Polish zloty and euro, enabling further development of the group’s real estate projects.