PRACTICE AREA
Capital Markets
Securities offerings
PRK enjoys a leading position in the area of capital markets and securities. We regularly act as advisor to issuers, underwriters and placement agents in both private and public securities offerings. Our legal team has many years of experience in domestic and international offerings involving equity, fixed income, convertible and hybrid securities. Particularly in the area of domestic bond issues, no other firm in the Czech Republic can match our experience and capital markets and securities.
Compliance
PRK enjoys a close relationship with the capital markets and securities authorities, including the Prague Stock Exchange and the Czech National Bank – the principal securities regulator. Our lawyers regularly work with these institutions on various policy, regulatory and compliance matters.
We also work with various types of regulated financial entities, including banks, securities broker/dealers, issuers and investment funds. We advise them on regulatory and compliance matters, including novel issues arising from the increasingly complex regulation of this area, in areas ranging from disclosures, confidentiality, capital adequacy, internal rules and client/market professional relationships to fintech, sales techniques and marketing. In addition, we provide model contractual documentation and dispute resolution services for regulated entities and their customers or supervisory bodies.
What the team is known for PRK Partners is a well-known domestic firm with a strong reputation in both financing and capital markets transactions. The team regularly represents domestic and international lenders in transactions encompassing acquisition, real estate and syndicated finance. The practice frequently teams up with large international firms to assist with multi-jurisdictional deals. Its capital markets expertise includes bond issuances, debt issuance programmes, regulatory mandates and prospectus updates, with a clientele spanning securities brokers, bank syndicates and issuers. Strengths: "The law firm has very good local connections, knowledge of the market and high responsiveness as well as a practical approach." "They are very proactive and responsive and are able to find a solution within very complex situations or assignments." "At all stages of our cooperation we felt like the team truly cared about the success of our projects. We find PRK Partners' team to consist of highly experienced professionals and we benefit from their good knowledge of the market and high expertise." "They exceeded our expectations and delivered great results by being available and ready to help when needed." Work highlights: PRK Partners advised J.P. Morgan on the USD368 million financing of Draslovka's acquisition of a mining solution business.
A strong legal team on your side
References
Kapitalmärkte
Karo Leather, a leading European leather processor, in relation to its successful transfer from the START Market to the Prime Market (main regulated market of the Prague stock exchange), which represented a significant milestone and a major boost for the Czech capital markets.
Kapitalmärkte
Major Czech banks Česká spořitelna, Komerční banka, PPF banka, UniCredit Bank and J&T Bank in relation to a CZK 10 billion corporate bonds issue by Czechoslovak Group, a global engineering, automotive, aerospace and defence industry group.
M&A / Kapitalmärkte
Taiwania Capital Management Corporation, the manager of a Taiwanese investment fund for Central and Eastern Europe, in relation to the conversion of a convertible loan into equity in Photoneo, a Slovak technological start-up and leading provider of robotic eyes and intelligence solutions.
Bank- und Finanzrecht / Kapitalmärkte
A group of international lenders and notes purchasers in connection with the Czech and Slovak law aspects of the financing of the USD 2.2 bln acquisition of Kinetic group, a US ammunition division of VISTA Outdoor, by Czechoslovak Group, a global engineering, automotive, aerospace and defence industry group.
We advised EuroManganese Inc. in connection with the initial public offering and listing of its shares in Canada and Australia. EuroManganese Inc. is the Canadian parent of MANGAN Chvaletice, s.r.o., which holds exploration rights to manganese tailings in North-east Bohemia and which is developing a manganese extraction project. The IPO raised more than CZK 150 million (EUR 5.8 million) and was successfully completed in October 2018.
