Borel & Barbey advised Kernel Holding (together with Linklaters, acting as lead advisor) on a covered bond issue up to USD 300 million, bearing interest at 6.75% and maturing in 2027.

Kernel Holding is a diversified company active in the food industry and listed on the Warsaw Stock Exchange. It is a leading exporter in Ukraine, among others of sunflower oil and grains.

Our team was made up of Nicolas Piérard and Clément Neveceral.