Dentons advised the offering managers - including Haitong Bank, mBank, Pekao Investment Banking, Wood&Co, Raiffeisen Centrobank, Mercurius, Trigon and Vestor - on the initial public offering and listing on the Warsaw Stock Exchange (WSE) of the Polish debt collection company GetBack S.A. The company debuted on the primary market of the WSE on July 17, 2017.

The public offering covered 40 million shares, 37 million of which were sold to institutional investors. The share price was set at PLN 18.5, putting the value of the offering at PLN 740 million (approximately EU174 million), making it the second-largest IPO in Poland in the last four years.

GetBack S.A. is active on the accounts receivable market in Poland and Romania. Its main shareholder is a group of private equity funds led by Abris Capital Partners.

GetBack Group's core business includes the purchase of accounts receivable portfolios for its own account, the management of investment portfolios including accounts receivable of third party funds, and the provision of services to collect accounts receivable under engagement from other entities. The company employs more than 1000 people.

Dentons' Warsaw office conducted due diligence and drafted the issue prospectus, placement agreement and other transaction documentation. Capital Markets partner Jakub Celinski led the deal, supported by senior associates Piotr Kowalik and Ryszard Manteuffel, counsel Inga Dulska and associate Magdalena Chalas.