The London and Warsaw debt capital market teams discussed new DCM market tax regulations, innovative bonds such as green or hybrid, the use of bonds in restructurings or multi-layer financings, and also explored issues related to high-yield covenants and due diligence.
Clifford Chance's lawyers shared their analysis of the trends on the Polish capital markets in view of the recent law changes concerning securities (including bonds) as well as new taxes in the context of bonds and other securities.
The new law on bonds and the new regulations on thin capitalization were analyzed and their direct consequences on Eurobond transactions considered.
The fourth in the Series of our annual bonds programme explored the forthcoming changes in the law on bonds. It also considered retail bonds as a new attractive financing source, the use of bonds in restructurings as well as in real estate transactions.
This third Series in our annual bonds programme considered recent changes in the capital markets in Poland and their consequences on capital market transactions and in particular on transaction documentation.
The second Series in our annual bonds programme considered the options available to Polish issuers looking at the international bonds market.
The first in the Series of our annual bonds programme looked at the structuring of eurobonds and related tax and regulatory issues.