KSB Advises SMV Invest on One of First Issues of Non-Bank Perpetual Certificates in Czech Republic
Perpetual certificates are primarily debt securities but have some features of equity securities (e.g. flexible redemption date). The absence of specific regulation (as encountered in the case of banking institutions) allows considerable flexibility in structuring the terms of the certificates, as well as in adjusting the terms of individual redemptions by the issuer. In this respect, perpetual certificates represent a significant innovation on the Czech financial market.
More information on the prospectus is available here.
Other articles
Tomáš Sequens and Dana Jacková Discuss the Risks of the Proposed Amendment to the Building Act
KŠB partner Tomáš Sequens and counsel Dana Jacková recently spoke to specialist news platforms Česká justice and Ekonomický deník about the proposed amendment to the Building Act, which aims to accelerate and simplify the construction permitting process.
KŠB Supports Smetana Litomyšl’s Charitable Grand Finale
The 68th annual Smetana Litomyšl Festival closed this year with the Grand Finale – Italian Film Night, which took place under the patronage of our law firm. The Czech Radio Symphony Orchestra, conducted by Tomáš Brauner, performed celebrated film music by Nino Rota, Luis Enrique Bacalov and Ennio Morricone in the second courtyard of Litomyšl Castle, which was also broadcast live on ČT Art and Czech Radio Vltava.
Jan Lasák Speaks at Balkan Legal Forum 2026
KŠB partner Jan Lasák took part as a panellist at this year’s Balkan Legal Forum 2026, one of the leading conferences focusing on the legal market in Central and South-Eastern Europe.
