Home / Europe / Poland / Capital Markets

Capital Markets

Capital markets activity in Central and Eastern Europe is picking up, with the key capital markets in the region developing at a strong pace, particularly with respect to offers of shares and bonds, and dual-listings. This brings both new opportunities and new challenges for companies and governments.

Issuers, investment banks, multilateral financial institutions, private equity funds and governments look to the CMS CEE Capital Markets team to guide them through these rapidly evolving markets and advise on increasingly innovative and complex financing solutions. CMS connects you to in-depth expertise in your local markets, as well as the know-how and expertise gained from our experiences working in the more mature markets of Western Europe and the United States.

Our Capital Markets team offers the full range of transactional and advisory services for all aspects of capital markets, derivatives, structured products and structured finance transactions – from complex equity and debt securities offerings and dual-listings on European, North American or other Stock Exchanges, through to securitised derivatives and structured products, as well as on a wide range of regulatory matters (Prospectus Directive, MiFID, EMIR and so on).

The team has worked on some of the most ground-breaking capital markets transactions in the EU (e.g. Telefónica’s successful IPO of EUR 1.45bn on the Frankfurt Stock Exchange) and in CEE, where we most recently worked on some of the largest IPOs on the Warsaw Stock Exchange last year, including the IPOs of the largest independent postal operator in Poland InPost and luxury goods brand Wittchen. The CMS International Capital Markets practice comprises more than 100 lawyers across 34 countries worldwide.

Our Capital Markets team is up to date with legal changes and maintains good working relationships with key institutions in the public trading arena, such as the Polish Financial Supervision Authority and the Warsaw Stock Exchange.

Highlights of our experience in Capital Markets in Poland
On the IPO of InPost, the largest independent postal operator in Poland on the Warsaw Stock Exchange – CMS advised the IPO’s managers: IPOPEMA Securities S.A., Wood & Company Financial Services and...

Feed

01/06/2020
CMS advises on the largest chemical investment project in Poland and CEE
CMS has successfully advised Grupa Azoty Polyolefins on both the financing and implementation of the Police Polimery project – the largest investment project in the chemical industry in Poland and Central...
18/11/2019
CMS advises on the largest planned public offering of 2019 in Poland
CMS has advised Grupa Azoty Zakłady Chemiczne “Police” S.A. on the company’s public offering. According to the prospectus approved by the Financial Supervision Authority on 5 November 2019, the...
19/10/2018
CMS advises on the delisting of a logistics company
CMS has supported logistics company PCC Intermodal S.A. in the process of exiting the Warsaw Stock Exchange and re-materialising its shares. Fol­low­ing a squeeze-out that was completed earlier this year...
16/07/2018
New promotions at CMS
CMS Poland has nominated two new counsels: Michał Andruszkiewicz from the energy practice and Rafał Kluziak from the M&A team. Both nominations became effective on 1 July 2018.“Our counsels have been...
06/02/2018
CMS strengthens its transactional practice in Poland
On 5 February 2018 CMS’s Warsaw office was joined by new partner Rafał Zwierz, who will be responsible for the development of the capital markets practice and will bring 17 years of transaction experience...
07/11/2017
CMS advises on IPO of Venture
CMS has acted as the issuer’s legal advisor on the IPO of Venture Inc S.A., a venture capital fund, which took place on 6 November 2017 at the Warsaw Stock Exchange. Venture Inc had been previously...
09/10/2017
CMS Poland launches law competition for students
CMS Poland is inviting third, fourth and fifth year law students to take part in a law competition. Participants have to come up with the best solution to a legal problem concerning labour law. Prizes...
30/06/2017
CMS advises on IPO of Maxcom
CMS advised Maxcom, a key manufacturer and distributor of feature phones, mobile phones designed for seniors and extreme sports, on its Warsaw Stock Exchange debut. The IPO took place on 30 June 2017...
06/03/2017
CMS advises Integer.pl on its intended delisting from the Warsaw Stock...
CMS has advised Integer. pl in the process of finding an investor and their planned exit from the Warsaw Stock Exchange. The transaction is financed solely by Advent International through its subsidiary...
01/02/2017
CMS advises on WSE bond issue
CMS advised the Warsaw Stock Exchange on the public issue of series D and E 5-year bonds (the series D bond offer was addressed to institutional investors, while the series E bond offer was addressed...
13/10/2016
CMS Poland launches law competition for students
CMS Poland is inviting third, fourth and fifth year law students to take part in a law competition. Participants have to come up with the best solution to a legal problem concerning labour law. Send your...