White & Case advises ČEZ Group on €700 million and €750 million sustainability-linked note issuances under €8 billion EMTN programme
1.10.2024Company: White & Case, s.r.o., advokátní kancelář
Global law firm White & Case LLP has advised ČEZ Group on the issuance of €700 million 4.125% sustainability-linked notes due 2031 and €750 million 4.250% sustainability-linked notes due 2032 under its €8 billion EMTN programme.
The notes are admitted to trading on the regulated market of the Luxembourg Stock Exchange and followed the annual update of ČEZ Group's €8 billion EMTN programme, on which White & Case also advised ČEZ Group earlier this year.
"We are pleased to have supported ČEZ Group on these significant transactions which align with its sustainability goals and represent an important step in its ongoing energy transition," said White & Case partner Petr Hudec, who led the Firm's deal team. "The issuances underline ČEZ Group's commitment to decreasing its emissions by reducing exposure to coal and enhancing renewable sources of energy."
ČEZ Group is the largest electricity generation and electricity and gas distribution company in the Czech Republic, one of the largest companies in the Czech Republic and a leading energy group operating in Central Europe.
The White & Case team that advised on the transactions included partner Petr Hudec, counsel Petr Šmerkl, associate Jan Vacula and legal intern Josef Levy in Prague, and partner Stuart Matty and counsel James Clarke in London.
Tags: Law | Finance | Sustainability |
