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.