Press Release
| February 5, 2010
Dewey & LeBoeuf Advises on business new europe's "Deals of the Year" 2009
(Warsaw and New York, NY – February 5, 2010) – business new europe (bne) highlighted the capital markets activities of two of the firm’s clients, Polska Grupa Energetyczna S.A. (PGE) and Central European Distribution Corporation (CEDC) in its Central and Eastern European “Deals of the Year” for 2009.
PGE was awarded "Best Overall IPO" and "Best Domestic IPO" for its $2.1 billion IPO on the Warsaw Stock Exchange. Dewey & LeBoeuf lawyers from Warsaw and London worked on the deal, which was led by Ireneusz Matusielański. PGE is Poland’s largest energy producer and the second largest in CEE. Its $2.1 billion IPO was Europe’s biggest in 2009.
CEDC was awarded the distinction of "Best Corporate Issuer of 2009" for a series of capital markets transactions totaling almost $1.5 billion. In addition to successfully carrying out two secondary offerings of equity that raised more than $500 million, the company made a $950 million issue of secured high yield bonds – the largest such transaction in CEE in 2009, which was named bne’s “Best High Yield Bond." Dewey & LeBoeuf Partners Stephen Horvath and Frank Adams, led a global team of lawyers from New York, London, Warsaw, Moscow and Frankfurt on all three transactions. CEDC, listed on both the NASDAQ Global Select Market and the Warsaw Stock Exchange, is the world’s largest producer of vodka and was introduced to the firm through the Warsaw office.
bne was established in 2006 by a group of journalists who have been reporting on “emerging” Europe for more than a decade. It is the only English-language publication that covers all 30 countries of “new Europe” -- central, eastern & southeastern Europe, the Caucasus, the Balkans and Central Asia.
This memorandum is intended only as a general discussion of these issues. It is not considered to be legal advice. We would be pleased to provide additional details or advice about specific situations. For additional information on this important topic, please feel free to call upon your Dewey & LeBoeuf relationship partner. No part of this publication may be reproduced, in whole or in part, in any form, without our prior written consent.
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