The firm’s capital markets team recently provided legal support in connection with EUR 500,000,000 covered bonds issuance under the EUR 7,000,000,000 offering programme.
This latest mandate builds on Clifford Chance’s longstanding relationship with VUB and follows the firm’s role advising on VUB’s ninth consecutive deal in the amount of EUR 500,000,000, in total EUR 4.5 billion issuance of covered bonds since 2019.
Iveta Záborská, Primary Issue Specialist Senior, Treasury & ALM, at VUB, added: “We greatly value the ongoing cooperation with Clifford Chance´s Slovak desk team. Their reliable, solution-driven advice and seamless teamwork have once again proven crucial in delivering this important transaction.”
Stanislav Holec, Senior Associate and head of the Slovak desk, commented: “Supporting VUB again as it strengthens its presence on the international capital markets is a great privilege. The work we’ve done this year reflects the continued trust between our teams and the shared focus on building a resilient and efficient issuance platform.”
The Clifford Chance team advising on the 2025 covered bond issue was led by Senior Associate Stanislav Holec and supervised by Partner Miloš Felgr, with additional support from Junior Lawyer Lukas Ljubovič.