June 2026 – Kinstellar advised the joint lead managers on MONETA Money Bank’s issuance of EUR 150 million fixed rate reset perpetual Additional Tier 1 temporary write down notes. Linklaters acted as lead English counsel on the transaction.
Following the admission of the notes to trading on the regulated market of the Luxembourg Stock Exchange, the transaction marks a significant milestone for the Czech banking sector as it is the first time a Czech bank has issued listed Additional Tier 1 capital instruments in the international capital markets.
The Kinstellar Prague team advising on the transaction was led by Jan Juroška (Managing Partner) and Filip Murár (Counsel), and included Martina Březinová (Counsel), Jakub Šťastný (Managing Associate) and Vilém Neumann (Junior Associate).