Michał Truszczyński
Biography
Overview
Michał Truszczyński focuses his practice on capital markets (equity and debt), securities and corporate law. He advises managers and issuers in connection with public offerings of shares (including initial public offerings (IPOs) and secondary issuances), establishing bond and mortgage covered bond issuance programs (including EMTNs), and listing securities on the regulated market or in an alternative trading system. He has also advised Polish and foreign corporations in connection with corporate governance and regulatory matters, including information requirements.
Prior to joining White & Case, Michał gained experience in several leading international law firms in Poland.
Juris Angliae Scientia
Experience
State Treasury of the Republic of Poland, represented by the Minister of Finance: representation of the State Treasury of the Republic of Poland, represented by the Minister of Finance, on the issuance of 3-year panda bonds, denominated in the official currency of the People's Republic of China. The nominal value of the transaction amounted to RMB 3 billion (approx. PLN 1.8 billion).
Synthos: representation of Synthos S.A. on the issuance of €600 million seven-year bonds on the international markets. The bonds, which have a fixed interest rate of 2.5% and were issued under New York law, are listed on the Global Exchange Market Euronext in Dublin.
Polenergia S.A.: representation of Polenergia S.A., Poland's largest privately held, vertically integrated energy group, on its more-than PLN 1 billion public offering of AA series shares.
Grupa Pracuj: representation of Grupa Pracuj S.A., the leading HR technology platform in Central and Eastern Europe, on its IPO on the regulated market of the Warsaw Stock Exchange (in accordance with Regulation S and Rule 144A). The total value of shares sold via the IPO was PLN 1.12 billion.
STS Holding: representation of STS Holding S.A., the largest sports betting operator in Poland, on its IPO on the regulated market of the Warsaw Stock Exchange, making it the only sports betting company currently listed on the Warsaw Stock Exchange (in accordance with Regulation S and Rule 144A). The total value of the IPO was PLN 1.1 billion.
Huuuge, Inc.: representation of Delaware-based corporation Huuuge, Inc., a global developer of free-to-play games and publisher of digital games on mobile and web platforms, on its IPO on the regulated market of the Warsaw Stock Exchange (in accordance with Regulation S and Rule 144A). The PLN 1.67 billion IPO was at the time the largest IPO of a gaming sector company in the history of the Warsaw Stock Exchange, and the largest mobile gaming IPO in Europe.
Mabion: representation of Mabion S.A. in connection with the issuance and offering of its shares for a total value of PLN 134 million to institutional investors in an accelerated bookbuilding process. Investors took up the entire offered block of shares, constituting almost 20 percent of the company's shares admitted to trading on the Warsaw Stock Exchange.
PKO Bank Polski: representation of PKO Bank Polski S.A. on a tender offer addressed to the holders of €750 million notes issued by PKO Bank Polski and US$1 billion notes issued by PKO Finance AB (publ), PKO Bank Polski's subsidiary. The notes were English-law governed and were listed on the regulated market maintained by the Luxembourg Stock Exchange. The tender offer by PKO Bank Polski was the first transaction of this type conducted by a Polish issuer.
R.Power: representation of R.Power sp. z o.o., the largest Polish developer of photovoltaic farms, in connection with the establishment of a green bond issuance program with the total nominal value of up to PLN 1 billion. As part of the program, the first series of secured bearer bonds was issued with the total nominal value of PLN 150 million and a five-year maturity period based on a no-prospectus public offer addressed to qualified investors.
PKO Bank Hipoteczny: advising PKO Bank Hipoteczny S.A. in connection with obtaining the CSSF's approval of the base prospectus relating to a €4 billion international mortgage covered bonds issuance program.
