Petr Šmerkl

Representative transactions:

Bank Finance

Česká exportní banka and Komerční banka in connection with ECA covered financing of construction of five regional airports in Senegal. The transaction requires a deep knowledge of and experience with legal issues relating to bankability of complex EPC contracts involving a significant number of suppliers as well as to different ECA products, in particular the buyers' credit insurance and insurance of payments under advance payment guarantees.

ING Bank and other MLAs in connection with the financing in excess of CZK 28 billion of a high-profile public-to-private acquisition by a regional sponsor.

Erste Group Bank, Nova Ljubljanska banka and Nova Ljubljanska banka Prishtina and the European Bank for Reconstruction and Development in connection with Euler-Hermes-backed financing of the development and construction of three 35 MW wind power plants, located in the Mitrovica Municipality of northern Kosovo.

Erste Group Bank in connection with providing long-term debt financing to support the construction, operation and maintenance of a 36 MW wind farm located near the village Bogoslovec in North Macedonia.

UniCredit Bank Czech Republic and Slovakia, Komerční banka, (Société Générale Group), Československá obchodní banka (KBC Group) and Česká spořitelna (Erste Group) on the restructuring process of Smartwings a.s. The group of banks provided Smartwings with a loan under the Czech government's Covid Plus programme, which was introduced to mitigate the adverse effects of the coronavirus pandemic. Smartwings is one of the largest airlines in Central & Eastern Europe, it also operating in the Czech Republic, Slovak Republic, Poland, Hungary and Germany.

Capital Markets

Société Générale as Arranger and Barclays Bank Ireland, J.P. Morgan, Komerční banka and Société Générale as Dealers on the establishment of a EUR 5 billion international mortgage covered bonds programme by Komerční banka. Petr also represented Société Générale as Global Coordinator and Joint Bookrunner, Barclays Bank Ireland and J.P. Morgan as Joint Bookrunners and Nord L/B and Helaba as Co-Managers on the inaugural issue of EUR 500 million 0.01% fixed rate mortgage covered bonds due 2026 under the programme, which were admitted to trading on the Luxembourg Stock Exchange. The transaction was awarded a Pioneer Deal of the Year at the Covered Bond Report Awards for Excellence 2021.

CTP Group, one of Europe's top five logistics property companies and the largest logistics property owner-developer in CEE, on annual updates of its EMTN program and on the following successful green bond issuances thereunder.

Energo-Pro, a leading electricity distribution and hydropower generation company in the Black Sea region, on the offering of USD 435 million 8.500% Guaranteed Notes due 2027 and the related tender offer in respect of its EUR 370 million 4.00%. Guaranteed Notes due 2022.

P3 Group, a leading European owner, developer and manager of prime logistics and industrial real estate, as issuer on the establishment of its EUR 5 billion EMTN Programme.

ČEZ Group, the largest electricity generation and distribution company in the Czech Republic and one of the ten largest energy companies in Europe, as issuer, in connection with the annual update of its EUR 8 billion EMTN programme, as well as its offers to purchase for cash any and all of its outstanding USD 700 million 4.250 per cent. notes due 2022 and its outstanding EUR 750 million 5.000% notes due October 2021 and EUR 500 million 0.875% Notes due November 2022.