GESSEL advises on a public bond offering by Cavatina Holding

GESSEL is proud to support Cavatina Holding in a PLN 200 mln bond issue.

The first series of bonds, with a nominal value in excess of PLN 40 mln, was issued and allocated subsequent to approval of the basic issue prospectus by the Polish Financial Supervision Authority. Over 600 investors stepped forward to subscribe for the bonds, which are secured and which were floated on the Catalyst market on 11 March 2022.

The bonds are brought to the market through the investment house Michael / Ström Dom Maklerski S.A.

For GESSEL’s part, our team was led by Krzysztof Marczuk, partner and was composed of Magdalena Szeplik, managing associate and Jakub Rowicki, senior associate.

The Cavatina Holding group ranks among Poland’s largest office developers, with projects in Warsaw, Krakow, Łódź, Wrocław, Gdańsk, Katowice, and Bielsko-Biała. Its complexes are notable for their unique architecture and high quality of finishing, as attested to by a number of international accolades.