We advised Cavatina Holding S.A. on the establishment of their third bond issuance program

GESSEL continues to support Cavatina Holding S.A. in its bond issue programme, working on the 3^rd bond issue (up to PLN 150 mln) and securing approval for the issue prospectus.

Cavatina Holding S.A. has completed its third bond issue with a value of up to PLN 150 mln. On 25 April 2024, the Polish Financial Supervision Authority (KNF) approved the prospectus based on which the bonds will be offered to the public.

As with the previous two prospectus-based issues, we are proud to support Cavatina Holding S.A. as transaction counsel. In this capacity, GESSEL was responsible, in particular, for preparing the entire body of issue and offering documentation, work on the prospectus, and dealings with KNF. In this latter connection, please let us point out that the prospectus approval process took only 32 business days !

We thank Cavatina Holding S.A. and Noble Securities S.A. (the issue organiser) for their unfailingly professional cooperation at all stages of the project. We hope that this third in the series of Cavatina Holding S.A. bond issues will be just as popular with investors as the preceding ones.

The GESSEL team was composed of Magdalena Szeplik (managing associate) and Jakub Rowicki (senior associate), with Krzysztof Marczuk (partner) supervising.