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HBK Partners Advises MKB Bank on IPO

HBK Partners Advises MKB Bank on IPO

Hungary
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HBK Partners has advised MKB Bank on a listing of its shares on the Budapest Stock Exchange.

On June 17, 2019, MKB Bank, established in 1950, debuted in the Equites Standard category of the Budapest Stock Exchange. According to HBK, With MKB Bank shares with a total face value of HUF 100 billion, and a listing price of HUF 1,972 per share, MKB Bank instantly became the sixth most valuable company listed on the Budapest Stock Exchange, with a market capitalization value worth HUF 197 billion.

HBK Partners supported MKB Bank in corporate law and capital market law aspects of the transaction, including preparation of the prospectus submitted to the Hungarian National Bank, as well as representing MKB Bank in its negotiations with KELER (the central depository and counter-party agency) and the Budapest Stock Exchange.

The HBK Partners team was led by Partner Marton Kovacs, supported by Senior Attorney Gabor Puskas and Junior Associates Mate Vinglman, Aron Kanti and Balint Juhasz.

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Established in 1957, Wolf Theiss is one of the leading European law firms in Central, Eastern and South-Eastern Europe with a focus on international business law. With 300 lawyers in 13 offices located in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine, Wolf Theiss represents local and international industrial, trade and service companies, as well as banks and insurance companies. Combining law and business, Wolf Theiss develops comprehensive and constructive solutions on the basis of legal, fiscal and business know-how.

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Firm's website: http://www.wolftheiss.com/

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