Report No. 21/2025
Legal basis:
Paragraph 18 of the Regulation of the Minister of Finance on 6 June 2025 on the current and periodic information published by issuers of securities and the conditions for considering as equivalent the information required by law of a non-member state
the Report:
The Management Board of PKO Bank Polski S.A. (“Bank”) hereby announces that on 30 June 2025 senior preferred bonds issued under EMTN Programme have been admitted to the trading on Luxembourg Stock Exchange with the following parameters:
- aggregate nominal amount: EUR 500,000,000 which is equal to PLN 2,120,950,000 according to average NBP exchange rate as of 30 June 2025,
- coupon: (i) during the first five years since the issue date - fixed in the amount of 3.625 % p.a., payable annually, (ii) during the last year – floating, based on 3M EURIBOR plus a margin of 1.42 % p.a., payable quarterly,
- issue date: 30 June 2025,
- maturity date: 30 June 2031,
- optional redemption date following call from issuer: 30 June 2030,
- par value of one bond: EUR 100,000 which is equal to PLN 424,190 according to average NBP exchange rate as of 30 June 2025,
- number of bonds admitted to trading: 5,000 bonds,
- series: 6,
- ISIN code: XS3105979457.
The admission to trading date and the date of the first listing is: 30 June 2030.
Rating agency Moody’s Investors Service assigned to the above-mentioned issue credit rating of Baa2.
The bonds are governed by English law with exception of the status of the bonds, waiver of set-off rights and the provision concerning acknowledgement of the decision of resolution authority concerning bail-in redemption or conversion of the bonds, which are governed by Polish law.