Report No. 17/2022

01.08.2022 19:27
Decision not to continue work on issuing subordinated bonds and resignation from execution of a call option in relation to the issued subordinated bonds

Legal basis:

Article 17.1 of MAR – confidential information

The report:

In reference to the report No. 8/2022 of April 26, 2022, the Management Board of PKO Bank Polski S.A. (the “Bank”) announces that on August 1, 2022 it decided not to continue the work aimed at the issue of subordinated bonds in the form of subordinated bonds with a ten-year maturity as well as to resign from the early redemption of subordinated bonds of the OP0827 series issued by the Bank on August 28, 2017 (call option).

The decision results from the unfavorable market situation for this type of issues.

Contact for Investors

Dariusz Choryło

Director of Investor Relations
dariusz.chorylo@pkobp.pl

Investor Relations Department
ir@pkobp.pl