Dr. Max Group mandated consortium of banks to place new bonds
Dr. Max Funding CR, s.r.o. („Issuer“) mandated a consortium of banks - Česká spořitelna, a.s., Komerční banka, a.s., UniCredit Bank Czech Republic and Slovakia, a.s. (as arrangers and joint lead managers), Československá obchodní banka, a.s. a J&T BANKA, a.s. (as joint lead managers) and Penta Bank, a.s. (as co-manager) to place a new 5-year senior bond issue secured by the financial guarantee of DR.MAX GROUP HOLDINGS PLC with an expected aggregate nominal value of up to CZK 3,000,000,000 with the possibility to increase up to CZK 3,500,000,000 („Bonds”), which will be issued under the established Czech law bond programme. The nominal value of each Bond will be CZK 10,000.
The Issuer plans a public offering of the Bonds in the Czech Republic and intends to submit an application for trading of the Bonds on the Regulated Market of the Prague Stock Exchange.
Additional information will be published in line with regulatory requirements at www.drmaxfundingcr.cz.
Manufacturer target market (MiFID II product governance) will be eligible counterparties, professional clients and retail clients, as defined in MiFID II (all distribution channels). No PRIIPs key information document (KID) will be prepared as not qualified as a packaged retail investment product under the PRIIPs regulation.
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This document is an advertisement for the purposes of Regulation (EU) 2017/1129, as amended (the “EU Prospectus Regulation”) and delegated regulation. It is not a base prospectus. The base prospectus has been approved by the Czech National Bank in accordance with the EU Prospectus Regulation regime. However, the approval of the base prospectus by the Czech National Bank should not be understood as an endorsement of the securities offered. Investors should subscribe for or purchase the Bonds (as defined below) solely on the basis of the base prospectus and the final terms relating to the Bonds and should read the base prospectus and the final terms before making an investment decision in order to fully understand the potential risks and yield associated with the decision to invest in the Bonds. The base prospectus is and any final terms will be available in electronic format on the website of the Issuer (as defined below) at www.drmaxfundingcr.cz, in the section Bonds.
This document is not for release, publication or distribution, directly or indirectly, in or into the United States or to U.S. Persons (as defined in regulation S under the Securities Act of 1933 as amended), the United Kingdom, Australia, Canada, Japan or in any other jurisdiction where such release, publication or distribution would be prohibited by the applicable law.
The offer, sale or purchase of the Bonds as well as the distribution of this document in certain jurisdictions may be restricted by law. Persons into whose possession this document comes are required by the Issuer to inform themselves about, and to observe, any such restrictions.