!css
Supporting the economy

Success stories

26/01/2015

Lotos: A relationship based on mutual trust

Lotos asked the Bank to act as the sole global coordinator for a €240 million public offering, the largest on the Warsaw Stock Exchange that year.

Societe Generale started its cooperation with the Polish oil group Lotos in 1998 but the turning point was the Bank’s participation in a strategic investment project in 2008. Since, it has gradually become a trusted advisor and partner, providing financing, advice and a range of other financial products and services.

In 2014, Lotos asked the Bank to act as the sole global coordinator for a €240 million public offering, the largest on the Warsaw Stock Exchange that year. This was a highly valuable expression of trust: it was the first time Societe Generale played such a key role on the capital markets outside of France. “One of our major strengths is our ability to listen and to analyse, which enables us to fully understand our client's requirements,” explained Krzysztof Walenczak, Chief Executive Officer of Societe Generale Poland.