Trigon acted as Transaction Coordinator in Cyfrowy Polsat's PLN 2.67bn Sustainability-Linked Bond issuance, the largest corporate bond offering by a private company in the history of the Polish capital market.

Trigon initiated and coordinated Cyfrowy Polsat's PLN 2.67bn issuance of 7-year senior unsecured Sustainability-Linked Bonds, representing the largest corporate bond offering by a private company in the history of the Polish capital market. The transaction was Poland's first Sustainability-Linked Bond issuance fully aligned with ICMA standards. The proceeds were intended to support the implementation of Polsat Plus Group's Strategy 2023+, focused on clean energy and green hydrogen development. Trigon engaged leading international financial institutions, including the EBRD, IFC (World Bank Group) and BGK, as anchor investors. The offering attracted strong investor demand despite challenging market conditions and a downgrade of the issuer's credit rating. The transaction set a new benchmark for the Polish corporate bond market, both in terms of issuance size and the adoption of sustainability-linked financing structures.