Kapolyi Law Firm participated as legal advisor in the successful green bond issuance of Wing Real Estate Development and Investment Ltd.

Wing has issued green bonds worth around HUF 25.3 billion under the Hungarian National Bank’s Funding for Growth Scheme (FGS). One of Hungary’s largest real estate developers and investors committed to environmentally friendly solutions, will use the funds raised from the 10-year bonds, with a fixed annual interest rate of 3 percent, exclusively for environmentally friendly developments. Kapolyi Law Firm provided full legal support for the successful bond issuance carried out on 20 September 2021, including the preparation of the Information Memorandum, the smooth execution of the issuance process and the registration of the green bonds on the BSE Xbond market.

Further details on the Wing Green Bond issuance can be found here.