Kocian Solc Balastik has advised the J&T Group on the launch of a new bond program related to the Europacity Berlin project.
According to KSB, the base prospectus, already approved by the Czech National Bank, supports an initial issue of CZK 3 billion. The proceeds from the issuance will be used to finance the 4 Ensembles real estate development project in Berlin’s Mitte district, carried out by a purpose-built Czech company partially owned by Peter Korbacka.
The KSB team included Partners Martin Krejci and Vlastimil Pihera and Senior Lawyer Josef Kriz.