act legal Poland advised Victoria Dom S.A. on the successful public bond issuance of PLN 180 million

For several years now, we have been supporting Victoria Dom S.A. in delivering ambitious business projects, so we are all the more pleased to celebrate another - and quite significant - success!

Victoria Dom S.A. has successfully carried out a public bond issuance worth PLN 180 million.

The offering was originally set at PLN 100 million, but overwhelming investor demand allowed the company to increase the pool by 80 %.

The possibility of exercising the over-allotment option for the bonds arose from the provisions of the base prospectus approved by the Polish Financial Supervision Authority (KNF) on 21 November 2024, as well as the final terms and conditions of the P2024B bond series.

Despite the increased offering, the average allocation reduction rate exceeded 35% - a result that speaks for itself.

Expanding the offering was the issuer’s response to the high level of subscriptions from investors; in situations of strong demand, the over-allotment mechanism allows the issuer to increase the number of bonds offered beyond the amount initially set in the final terms and conditions.

Our experts: Piotr Wojnar, Piotr Smołuch, Katarzyna Krzykwa, and Łukasz Świątek provided comprehensive legal support at every stage of the process.

This achievement is yet another demonstration that flexibility and a swift response to market demand can deliver tangible benefits for the issuer.