Advisory on bond-financed acquisition of real property in Tallinn

act BSWW consults on bond-financed acquisition of real property in Tallinn, intended for development of residential and commercial buildings, representing Polish investment funds (as financing entities). The transaction value is over EUR 10m.

The scope of act BSWW’s services included comprehensive support with respect to preparation of bond issue documents, security interest documentation, relevant corporate consents and other documents related to the issue of bonds. The transaction was completed in two stages: the first one took place in Poland and was related to the issue of bonds under the Polish law, whereas the other was held in Estonia and involved purchase of the property in line with the Estonian law.

Due to the adopted form of financing (private debt), legal consulting required a non-standard collateral structure based on the Polish and Estonian law. With respect to the latter, act BSWW was cooperating with a law firm based in Estonia.

The project team was made up of act BSWW’s partners: Jakub Salwa and Sebastian Sury.

Other projects in this field:

Advising on financing of prestigious apartment hotel project in Gdynia

act BSWW legal & tax advised an investment company, CVI, on a debt financing transaction involving the issue of bonds with a total value of PLN 38 million. The funds obtained b...

Advising TK Finans Tomasz Księżopolski on the bond issue

The Bonds Team provided comprehensive legal advice to TK Finans Tomasz Księżopolski in relation to the issue of 3-year bonds worth PLN 20 million. The funds obtained from the issue...

Advising 7R on the PLN 41.3 mln bond issue

act BSWW legal & tax advised Kallisto 17, a company from the 7R SA group, on a bond issue with a nominal value of PLN 41.3 million. The funds obtained from the issue will serve...

Advising Cordia on its first bond issue in Poland

act BSWW legal & tax advised Cordia Polska, a member of a Hungarian development group, on the issue of three-year A-series bonds worth PLN 68.8 million. The bond issue was arra...

Advising on prestigious project Baltic Wave in premium hospitality sector

act BSWW legal & tax has comprehensively advised on a complex investment process involving the luxury 5-star Baltic Wave hotel in Kołobrzeg. The team consulted MA Investment...

Advising Cavatina Holding S.A. on bond issue

act BSWW legal & tax advised Cavatina Holding S.A. on the PLN 23 million issue of F-series bonds. The team provided comprehensive advice on the preparation of bond issue doc...