Report No. 2/2018

Legal basis:

Article 17.1 of MAR – confidential information

Content of the report:

The Management Board of PKO Bank Polski SA (the “Bank”) announces that on 8 of February 2018 the Bank finally prepaid earlier the whole amount of the loan facility extended by Nordea Bank AB (publ) on the basis of multicurrency term loan agreement dated 1 April 2014. The Bank informed   on the conclusion and terms of the agreement with Nordea Bank AB (publ) in the current report No. 26/2014.

The loan facility has primary termination date of 7 years, therefore the Bank prepays the loan facility 3 years before the primary due date.

With reference to the prepayment of the loan facility the release of the security of certain receivables related to the mortgage portfolio (described in the current report No. 26/2014) will follow, on the basis of a separate agreement. The prepayment of the loan facility means that the Bank’s financial results will no longer be charged with interest related to the loan facility.