Moneta Money Bank Secures €300 Million Financing, Strengthening Its Capital Position

Global law firm White & Case LLP has advised BNP PARIBAS, J.P. Morgan, Goldman Sachs Bank Europe, and J&T BANKA on the issuance of €300 million fixed-to-floating rate senior preferred notes due 2030 by Czech-based publicly traded MONETA Money Bank. The successful issuance, which attracted interest from over 200 investors across 32 countries, further strengthens MONETA Money Bank's capital position.

Unlocking Growth Opportunities for MONETA Money Bank

Diversifying Funding Sources

MONETA Money Bank, one of the leading and growing providers of banking and financial services in the Czech Republic, has successfully diversified its funding sources through this €300 million bond issuance. The notes, rated A3 by Moody's, have been admitted to trading on the regulated market of the Luxembourg Stock Exchange, providing the bank with access to a wider pool of investors and capital. This strategic move allows MONETA Money Bank to enhance its financial flexibility and support its continued growth and expansion in the Czech banking market.

Strengthening Capital Position

The issuance of the €300 million fixed-to-floating rate senior preferred notes due 2030 has significantly bolstered MONETA Money Bank's capital position. With this additional capital, the bank can better navigate the evolving regulatory landscape, meet its capital requirements, and position itself for future growth opportunities. The successful completion of this transaction demonstrates the bank's strong creditworthiness and the confidence of the global investment community in its long-term prospects.

Expanding Investor Reach

The bond issuance attracted interest from more than 200 investors across 32 countries, showcasing the widespread appeal of MONETA Money Bank's investment proposition. By tapping into this diverse investor base, the bank has not only secured the necessary funding but also expanded its global investor reach. This diversification of the shareholder base can provide the bank with greater access to capital markets, enabling it to pursue strategic initiatives and capitalize on emerging opportunities in the Czech banking sector.

Leveraging Legal Expertise

The successful completion of this transaction was facilitated by the legal expertise provided by the team at White & Case LLP. The global law firm's guidance and support throughout the issuance process ensured that MONETA Money Bank navigated the complex regulatory and legal landscape effectively. The involvement of experienced legal professionals, such as partner Petr Hudec and his team, contributed to the successful outcome of the bond offering, further strengthening the bank's position in the market.

Enhancing Competitive Positioning

The €300 million bond issuance represents a significant milestone for MONETA Money Bank, as it enhances the bank's competitive positioning within the Czech banking landscape. With a strengthened capital base and diversified funding sources, the bank can now better serve its retail and commercial customers, invest in technological innovations, and expand its product and service offerings. This strategic move positions MONETA Money Bank as a formidable player in the Czech banking industry, poised to capitalize on emerging growth opportunities and solidify its market leadership.