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A&O Shearman advises on PLN 1 billion covered bond issuance by ING Bank Hipoteczny

A&O Shearman advises on PLN 1 billion covered bond issuance by ING Bank Hipoteczny
A&O Shearman has advised ING Bank Hipoteczny on its successful issuance of PLN1bn floating rate covered bonds due 2029. The covered bonds, which will be listed on the regulated markets of both the Luxembourg Stock Exchange and the Warsaw Stock Exchange, mark a significant milestone for ING Bank Hipoteczny and attracted significant investor interest from international and Polish investors.

The A&O Shearman team was led by Łukasz Walczyna, counsel, with support from Magdalena Pigoń, associate. English law advice was provided by Jamie Durham, partner, and Linda Chausheva, associate, with overall supervision by Arkadiusz Pędzich, partner.

Łukasz Walczyna commented: "We are pleased to have supported ING Bank Hipoteczny on this transaction. Our team worked closely with the client to help achieve its funding objectives in a changing market environment.

Arkadiusz Pędzich added: "This transaction reflects the continued development of the covered bond market in Poland and the wider region. We are proud to support our clients as they access new sources of funding and respond to evolving market opportunities."

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