Photo, Marcin Chyliński

Marcin Chyliński

Partner
Baker McKenzie Krzyżowski i Wspólnicy Spółka Komandytowa

Biography

Marcin Chyliński is an attorney-at-law admitted to practice in Poland and a managing partner of the Firm’s Warsaw office. He also heads the Equity Capital Markets practice at the same office.

Practice Focus

Marcin has experience in complex public and private offerings and M&A transactions (including cross-border and public transactions), as well as in general corporate law advice, including corporate governance. He has extensive experience in leading international teams of lawyers, providing legal advice to companies, financial institutions, selling shareholders, financial sponsors, strategic investors and investment banks in numerous international and domestic, initial and secondary, public and private equity offerings and M&A transactions.

For many years Marcin has been recognised by international legal rankings such as Chambers & Partners, The Legal 500, IFLR1000, PLC Which Lawyer? and Expert Guides, as well as by a local legal ranking of a leading Polish daily, Rzeczpospolita, as one of the leading lawyers in Poland for equity capital markets, corporate law and M&A.

The prestigious legal ranking publication Chambers & Partners has ranked Marcin since 2011 in Band 1 for equity capital markets in Poland. According to recent reports, Marcin Chyliński is a long-standing market leader in ECM, reputed for his experience in IPOs, rights issues and equity-linked transactions. A client values him for "marrying experience with common sense and giving good advice without complicating or simplifying issues." He is lauded as an "excellent and very active lawyer". Marcin has a wealth of experience and a very good supervision strategy. He knows how to conduct a transaction and spot the key elements", clients report.
Another prestigious legal ranking, The Legal 500, has since 2016 ranked Marcin as a "Leading Individual" for capital markets. In 2023 he received the highest possible individual recommendation - "Hall of Fame". In the 2016 and 2017 editions of IFLR1000, he was ranked as a "Leading Lawyer", and since 2018 Marcin has been named a "Market Leader" for capital markets in Poland. 

Representative Legal Matters

  • Advised underwriters coordinated by Goldman Sachs Bank Europe SE and J.P. Morgan SE, acting as global coordinators, on Polish law in connection with the IPO of Zabka Group shares, with a total value of EUR 1.72 billion. This was the largest IPO in Poland since 2020, the fourth largest in the history of the Warsaw Stock Exchange and the fourth largest IPO in Europe in 2024.
  • Advised the selling shareholder, MidEuropa, in connection with the IPO of Diagnostyka S.A. shares with a total value of nearly PLN 1.7 billion (USD 420.5 million).
  • Advised Enterprise Investors (the selling shareholder) and Studenac Ltd (the company) on an aborted Rule 144A IPO of Studenac Ltd., a Croatian retail chain, and its dual listing of the shares on the Warsaw and Zagreb Stock Exchanges.
  • Advised on all aspects of the establishment of a EUR 5 billion EMTN programme by Bank Pekao. The Eurobonds are to be listed on the Luxembourg and Warsaw Stock Exchanges.
  • Advised Bank Pekao on two issuances of green notes under the EMTN programme: Senior Green Notes due 2027 (the first international issue of green notes by Bank Pekao) and Senior Non-Preferred Green Notes due 2030 with total value of EUR 1 billion (EUR 500 million each).
  • Advised Enterprise Investors on the acquisition of a majority stake in Sescom Polska, a technology company listed on the Warsaw Stock Exchange. 
  • Advised Kernel Holding S.A., Ukraine’s largest producer and exporter of sunflower oil and a global leader in this regard, in connection with a tender offer for its shares listed on the Warsaw Stock Exchange, announced by its largest shareholder, Namsen Limited. The tender offer resulted in transactions totaling PLN 559.6 million (USD 140.5 million).
  • Advised Morgan Stanley as financial advisor and placement agent in connection with a USD 290 million equity private placement by Elemental Holding, a global urban mining and recycling company originating from Poland.
  • Advised the shareholders of Benefit Systems S.A. in the sale of shares through an accelerated book-building process. The value of the sold shares was approx. PLN 158 million (USD 39.6 million).
  • Advised Pepco Group N.V., a pan-European discount variety retailer in connection with the PLN 3.7 billion (USD 863 million) Rule 144A IPO and listing on the Warsaw Stock Exchange.

Admissions

  • Poland

Education

  • Warsaw University
  • Columbia University School of Law

Languages

  • English
  • Italian
  • Polish