Our firm has advised a local banking institution during the issuance of Tier 2 Subordinated Bonds

Our firm has advised a local banking institution during the issuance of Tier 2 Subordinated Bonds (with a fixed rate and 10 years duration) and the subsequent investment by a large pension fund. The net proceeds from the issue of the Bonds will be used for the general corporate and funding purposes of the Bank and strengthening its regulatory capital base. Our team has participated in the structuring as well as the drafting of the model terms & conditions in accordance with the new regulatory requirements applicable in the EU and has participated in the negotiations with the pension fund that led to the investment.