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The bonds were launched into the alternative trading system at Catalyst. The funds obtained will support Cordia’s further expansion in Poland.
The law firm provided comprehensive advice on the bond issue documentation and collaterals, while also performing the function of the collateral agent.
The project was led by Piotr Smołuch (Managing Partner) and Sebastian Sury (Partner).
Cordia forms part of the highly capitalised, Hungarian-owned Futureal Group, one of Central Europe’s largest property development and investment groups. Cordia operates in Hungary and Romania, and has also been operating in Poland since 2014, where it has been consistently expanding its portfolio of completed and ongoing residential projects.
act BSWW legal & tax provides comprehensive debt financing advisory services. The team has conducted more than 500 debt financing transactions with a total value of over PLN 6 billion.
22.07.2021
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Ministry of Finance suggests more changes to income taxes. Following prior announcements, the draft Act of June 27, 2022 Amending the Corporate Income Tax Act and Selected Other Acts has been published recently. It covers the following: - Postponement (until the end ...
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On May 12, 2022, the Minister of Health issued a regulation calling off the state of epidemic in Poland, effective as of May 16, 2022. As a result, the exemption from tax on income from buildings ceases to apply as of May 31, 2022 (pursuant to article 38ha of the CIT Ac...
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The 8th edition of the commentary to the Commercial Companies Code, published by Wydawnictwo C.H.Beck was released to Polish bookstores at the beginning of April. The new edition takes into account the latest amendments to the Code of Commercial Companies, including cha...
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Huge congratulations to Marek Miszkiel on becoming the new Head of Litigation and Arbitration at act BSWW legal & tax! Marek joined act BSWW legal & tax legal & tax in 2014. He specializes in commercial disputes and bankruptcy and restructuring proceeding...
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In line with its current investment strategy focusing on large development projects located in Warsaw and Kraków, STRABAG Real Estate is selling selected smaller real estate assets in Poland. One of such properties is a land lot in Szczecin, intended for investment purp...
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We are pleased to announce that in the latest edition of The Legal 500 ranking act BSWW legal & tax was distinguished in 7 categories: Construction Capital Markets Real Estate White-Collar Crime Dispute Resolution Commercial, Corporate and M&...
