Allen Overy Shearman Sterling has advised PKO Bank Polski on the issuance of EUR 500 million in 3.625% green senior non-preferred callable fixed-to-floating interest rate notes due 2031. White & Case reportedly advised joint lead managers BNP Paribas, Erste, PKO Bank Polski, UBS, and UniCredit.
According to A&O Shearman, the issuance marks a significant milestone for both the bank and the Polish sustainable finance market. The notes will be listed on the regulated markets of both the Luxembourg Stock Exchange and the Warsaw Stock Exchange.
The A&O Shearman team included Partner Arkadiusz Pedzich, Counsel Lukasz Walczyna, and Trainee Filip Glowka.