Advising PKO Bank Polski on EUR500 million green senior non-preferred notes

The notes are listed on the regulated market of the Luxembourg Stock Exchange and will be listed on the regulated market of the Warsaw Stock Exchange. Bank of America, Erste, Nomura, PKO Bank Polski and a global financial institution acted as joint lead managers. The transaction marked a significant milestone in the bank’s sustainable finance strategy, underscoring the continued momentum in green funding among European financial institutions.

The A&O Shearman team was led by Łukasz Walczyna, counsel, with assistance from Filip Główka, associate. Jamie Durham, partner, provided English law advice. Arkadiusz Pędzich, partner, supervised the project.

Łukasz Walczyna commented: "We are proud to have supported our client in accessing international capital markets and advancing its sustainability agenda, in line with robust investor demand for high-quality green instruments."

Arkadiusz Pędzich added: "Transactions like this demonstrate how our cross-border team brings together market insight and flawless execution to help clients deliver on ambitious sustainability and funding strategies.”