The group HB Reavis has authorised banks Komerční banka (KB) and UniCredit Bank Czech Republic and Slovakia (UCB) to co-manage the issue of bonds in the Czech Republic. The expected volume of the issue due in March 2021 is CZK 1bn. The bonds will show a flexible yield. The issue date is March 23, 2016. According to HB Reavis, the lading co-managers will offer the bonds to professional and selected retail customers. The bond issue is a form of a public offering started on February 3, 2016.