Thanks to their knowledge, experience and awareness of specific features of business operations conducted by the Clients, DJM lawyers are able to propose to clients and help them find the optimal solutions in terms of their needs and legal security.

The special achievements of DJM in this regard include:

• the preparation of the first in Poland issue of bonds introduced to trading in the Catalyst alternative trading system,
• the preparation of the first in Poland issue of bonds dematerialised upon their issue, i.e. mandatorily registered upon their issue in the deposit of securities maintained by the Polish Central Deposit of Securities (KDPW),
• the management before the Polish Central Deposit of Securities and the Warsaw Stock Exchange of the first in Poland process of conversion of bonds traded in the Catalyst alternative trading system (on the Warsaw Stock Exchange) to dematerialised shares of a public company,
• the management of the first on the Polish market project of public bond scheme that was implemented by a private equity non-public closed-ended investment fund,
• the preparation of documentation for the first non-public bonds registered in the Polish Central Deposit of Securities through a new institution of “issue agent” (after the amendment of regulations on bond issues which entered into force in 2019).

DJM lawyers provide services involving the advice and the preparation of issue schemes and documentation on issues of bonds offered under public offerings and private placements by private entities.

In the process of issuance of debt securities, DJM provides assistance both to their issuers and to investors, including by:

• the preparation of issue documentation (including issue prospectuses) for debt securities, issued by both domestic and foreign entities,
• the preparation of documents on collaterals for debt securities,
• the advice to and representation of investment funds, companies and other entities in the process of issuance of debt securities (including bonds),
• the advice to and representation of investment funds, companies and other entities in the process of their investment in debt securities (including bonds),
• the advice to and representation of debtors, creditors and refinancing entities in debt refinancing processes,
• the advice to and representation of debtors and creditors in the procedures for changing documents connected with a debt, including its collateral.

DJM lawyers prepared many issue schemes and documentations on issues of bonds offered under public offerings and private placements by private entities. DJM provided legal advice to the Polish Association of Listed Companies (SEG) within the scope of works on the amendment of the Act on Bonds and represented the Association in the legislation process during social consultations.