Clifford Chance

Clifford Chance advises Všeobecná úverová banka, a.s. on another syndicated Slovak covered bond transaction

Clifford Chance advised again Všeobecná úverová banka, a.s. (VUB), a Slovak subsidiary of Intesa Sanpaolo, in connection with the update of its EUR 5 billion covered bond programme and another syndicated EUR 500 million issuance via Luxembourg Stock Exchange.

The transaction followed the footsteps of the VUB's 2019 issuances, which represented a landmark for the covered bonds market in Slovakia.

The Slovak-law team based in Prague was led by Stanislav Holec, Senior Associate, who was assisted by Andrej Havko, Junior Lawyer.

The English-law team based in Milan was led by Filippo Emanuele, Partner, with a day-by-day support from Jonathan Astbury, Senior Associate.