Allen & Overy advise Accolade Fund SICAV plc on refinancing

Allen & Overy has announced that it has advised Accolade Fund SICAV plc in relation to up to EUR 120 million refinancing of the existing indebtedness of its whole real estate portfolio in the Czech Republic and development of certain logistic halls provided by Československá obchodní banka, a.s. and UniCredit Bank Czech Republic and Slovakia, … Continued

A&O advising Eurowag on its IPO on the London Stock Exchange

Eurowag announced its intention to undertake an IPO on 13 September 2021, and if it proceeds, will apply for admission of its ordinary shares to the premium listing segment of the Official List of the FCA and to trading on the main market of the London Stock Exchange. The offer is expected to comprise both … Continued

Ebury: The CZ koruna & The Europe FX Forecast Revision Sept. 2021

The Czech Republic koruna has risen by approximately 3% year-to-date against the euro. We think that the koruna rally was driven primarily by the rapid interest rate increases from the Czech National Bank, where they began hiking rates in June. The MPC raised rates by another 25 basis point in August, taking the reference 2-week … Continued

Czech Gas Networks Investments issues first ever EUR 500 million green bonds

Allen & Overy announced today that it has advised Czech Gas Networks Investments S.à r.l (CGNI) on its first ever green issurance and placement of EUR 500 million green notes with investors on international capital markets (the Green Notes). The Green Notes, rated BBB+ by both S&P and Fitch, have been listed on the Global … Continued

EY Entrepreneur Of The Year Czech Republic competition announces nomination

The British Chamber of Commerce is a proud member of the project EY! We bring you the latest news! EY Entrepreneur Of The Year Czech Republic competition announces nomination phase and seeks successful world-class entrepreneurs The EY Entrepreneur Of The Year competition in the Czech Republic has been discovering exceptional personalities for 21 years and … Continued

BCC Member Ebury highlights Weekly FX Market Update

The Federal Reserve and the US payroll report for August Weaker than expected employment growth shared the headlines with strong wage gains, suggesting that inflationary pressures will not be as transitory as hoped. The US dollar promptly sold off even as US yields rose, a reversal of the usual correlation between the two. Risk assets … Continued